The principle theory behind the growing demand for real estate is that the earth is only so big, the population is increasing, and people will always need somewhere to live. Although this is true across the board, it is a far more tangible reality for families. While single people can often "bunk up" with a friend or crash with the cousins for a few months, families tend to have needs that preclude this kind of ad hoc housing; they often require a single-family rental to call home.
Gunnar Phillips, the personal trainer for Chris Hemsworth and Billy Dee Williams (At 82 years old, yes. Talk about goals!) says success is a "joint effort." He continues on the topic by saying doing a workout with a partner "can help motivate you to reach your goals."
His philosophy applies to real estate investing as well: having the right partner can make all the difference. And just like when you're hitting the gym, it's not only about fostering the next deal—the right partner can also help motivate you to reach your long-term goals. Here are some partners every investor in Ann Arbor real estate needs.
Even when you take into consideration the dramatic plunge of real estate values that began in 2008, Novi real estate value has appreciated 28.4% since 2000. The resilience of the Novi market has been one of the driving reasons why investors have been making it a part of their property investment portfolio. Here are some of the top five reasons to buy and hold real estate in Novi when you're expanding your holdings.