If you’re new to real estate investment, or you find
yourself making the transition from homeowner to landlord, you are discovering
unfamiliar territory. This includes
collecting rent, dealing with emergency repairs, screening tenants,
renovations, marketing and more. Having
to deal with these on a regular basis can make even a savvy real estate
investor turn sour.

Buying your first investment property can be exciting, but
the process is completely different from buying real estate for personal
use. Personal real estate is often
bought with emotion and personal feelings but real estate investment requires
clear thinking with a singular goal in mind:
To turn a profit.

If you’ve had your ear to the ground with the Metro-Detroit
real estate market then you know that interest rates and home prices have
dipped into record lows. This presents
interested investors with a unique opportunity to jump into the real estate
game to turn over housing or invest in rental properties.