There’s nothing like curling up in front of an open fire on a cold winter’s night.
But it’s not something your tenants will be enjoying in Detroit.
You see, we board-up all fireplaces and chimneys when we renovate your property.
Because they are a fire hazard…
Imagine your tenant falls asleep or leaves the fire unattended.
All it takes is a spark to set the carpet alight.
And the next thing you know your investment has gone up in smoke.
Of course, you are insured.
But your tenant will have to move out.
And it could take months for your insurance claim to be approved.
Then you will need to repair the damage.
So you will lose months of rental income.
How do your tenants keep warm?
A gas furnace is the most popular heating method for homes in Detroit.
It pumps hot air around your property and heats the whole house.
A new furnace will set you back around US$ 3,000.
But the good news is we install brand new gas furnaces in almost every property we sell.
And because they last around 15 years you should never need to replace it.
We also put in a new water heater.
That costs about US$ 800.
On top of that, we replace your entire plumbing system with PEX piping.
Which costs in the region of US$ 4,500.
That’s an average of US$ 8,300 for these 3 items alone.
But we do it to help you keep your maintenance costs down.
What’s more, all our Detroit properties come with a FREE 12 month home warranty.
So if you do have a problem you are covered.
And that’s not all…
You see, although we take great care when we renovate your property – sometimes small problems slip through the net.
That’s why we cover the first US$ 300 of maintenance in your house.
So we can fix the problem without asking you to dip into your pocket.
Which helps your investment get off to the best possible start.
And you get paid the rental income you are expecting.
So if you would like to see what’s on offer in Detroit – just reply to me.
Let’s have a quick look at a few that are available right now.
Fitzgerald is in West Detroit next to upmarket Bagley and the University District.
It is a great place to invest because the neighborhood is undergoing a US$ 30,000,000 revitalization project.
That means there is plenty of demand from home owners and tenants.
So property prices and rents are on the rise.
This property is only 1.3km (0.8 miles) from Marygrove College and a 4 minute drive to University of Detroit Mercy.
And just a 10 minute drive to Detroit Golf Club and Palmer Park.
This house has 4 bedrooms, 2 bathrooms, a living room, a kitchen, a 700 sq. ft. basement and a 4,792 sq. ft. garden.
It is on offer for US$ 51,995.
Your monthly rent is US$ 850.
Your net yield is 16.03%.
That’s US$ 8,335 in your bank account every year.
Want full details?
Simply reply to me.
Denby is in East Detroit next to affluent Grosse Pointe and Harper Woods.
A lot of money has been spent regenerating this neighborhood over the last few years.
Skinner Park was renovated at a cost of US$1,400,000 in August 2016.
It now has 2 basketball courts, a volleyball court, pickleball court and a mixed-use football and soccer field.
As a result it is popular with parents and children.
So there is high demand for rental property in this area and property prices are rising fast.
This property is 750 meters (0.4 miles) to Denby High School and Skinner Park.
The shops, banks and restaurants on Whittier Avenue are only a 1 minute walk.
The house has 3 bedrooms, 1 bathroom, a living room, a kitchen, an 850 sq. ft. basement and a 4,879 sq. ft. garden.
It is on offer for US$ 43,498.
Your rent is US$ 750 per month.
Your rental yield is 16.00% net.
That’s US$ 6,961 in your pocket every year.
Want to know more?
Just reply to me.
Denby is known for its excellent block clubs.
They play an important role in the community by organising local events and meetings.
Moreover, they encourage neighbors to be vigilant which helps to keep crime rates low.
As a result there is high demand for rental property in this area and property prices are rising fast.
This property is 2.0km (1.2 miles) to Denby High School and Skinner Park and a 5 minute walk to Carleton Elementary School.
The shops, banks and restaurants on Morang Avenue are just a 2 minute walk.
This house has 3 bedrooms, 1 bathroom, a living room and a kitchen.
There is also a 600 sq. ft. basement and a 5,227 sq. ft. garden.
This property is on sale for US$ 49,995.
Your rent is US$ 825 per month.
Your net return is 16.33% – after all expenses.
That’s US$ 8,166 in your hand every year.
If you’d like to know more – simply reply to me.
Remember all our USA investment properties are:
- Fully renovated – average cost of works US$ 20,000
- Freehold with full warranty deed
- Already tenanted with pre-screened tenants – you get paid from day one
- Professionally managed – your rent is paid on time into your own bank account
Plus, with our Detroit properties you get all this completely free:
- Free Title Insurance – value US$ 499
- Free 1 year Property Insurance – value US$ 495
- Free 12 month Home Warranty – value US$ 700
Total value = US$ 1,694.
I won’t offer you unrealistic guarantees which can’t be fulfilled, like some people I could mention.
But I do promise you…
- Your vacancy rates will be very low (last 3 years 3.58% average)
- You will always get paid what you are due
- I will stay right by your side for as long as you own your property
It doesn’t matter if it’s 3 months or 30 years – if you have a problem I’ll be here to help.
Because I know that if you get the returns you are expecting you’ll come back for more.
You might even refer your friends and family, if I’m really lucky.
And unlike many of my competitors I don’t charge you a finder’s fee, an enabling fee or an arrangement fee.
In fact I don’t charge you any fees at all.
So if you would like full details of what’s on offer in Detroit – just reply to me.
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