It gets pretty darn cold in Detroit during the winter.
In fact, temperatures can go down as low as minus 20 degrees centigrade.
And as you probably know, cold weather can wreak havoc with your plumbing system.
Especially if it is several decades old.
You see, galvanised steel pipes don’t expand and contract well.
That means they can burst if they freeze.
The worst case scenario…
Your whole property is flooded.
Which will cost you a fortune to put right.
And on top of that you will probably lose your tenant.
That’s why when we renovate any property we replace the plumbing.
But we don’t use any old pipes.
We use PEX piping because it’s flexible, durable and doesn’t break when it freezes.
That means you are not going to have problems with burst pipes and leaks.
What’s more it will last you well over 50 years.
So you will never have to pay to replace it.
And at an average cost of US$ 4,500 on a 3 bedroom property that’s quite a saving.
Why do we do this?
After all, you wouldn’t be any the wiser if we didn’t.
So you’d think we might as well hang on to our US$ 4,500.
Well, we do it because we actually give a damn about what happens to your property after you’ve bought it.
Of course, all our competitors will tell you they care too.
But will they actually prove it by putting their money where their mouth is?
The simple fact is, it is what happens AFTER you buy that matters to you.
And we’re not stupid.
We’re in this for the long haul.
We want you to buy more from us and refer your friends.
And you are only going to do that if you get paid the returns you are expecting.
That doesn’t matter so much to most of the other firms currently touting their bargain basement properties.
Because most have only been in business a short time.
They’re here to make a quick buck at your expense.
And as soon as the next hot spot emerges they’ll jump on that bandwagon.
As you know, I normally avoid criticising the competition.
But I’m sick to death of getting phone calls every day from people who can’t rent their houses because they are in disrepair.
You can rest assured though…
If you buy a property in Detroit from me you will not end up paying a fortune for repairs.
So if you would like to see what’s available 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 1.8km from Marygrove College and a 5 minute drive to University of Detroit Mercy.
And just a 10 minute drive to Detroit Golf Club and Palmer Park.
The house has 3 bedrooms, 2 bathrooms, a living room, a kitchen, an 800 sq. ft. basement and a 4,792 sq. ft. garden.
It is on offer for US$ 54,995.
Your monthly rent is US$ 850.
Your net yield is 15.04%.
That’s US$ 8,269 in your bank account every year.
Want full details?
Simply reply to me.
Osborn is an established neighborhood in Northeast Detroit.
It is 15km from Downtown Detroit or a 19 minute drive.
Many people who live in Osborn work in Warren which is just a 10 minute drive.
This is because properties in Warren are at least 3 times the price of property in Osborn.
That means there is high demand for houses in Osborn and prices are rising fast.
This property is only 200 meters (0.1 miles) from shops, banks and restaurants on East McNichols Road and O’Brien Playground.
Optimist-Parkgrove Playground and Brenda Scott Academy are a 10 minute walk.
The house has 3 bedrooms, 2 bathrooms, a living room, a kitchen, an 860 sq. ft. basement and a 4,792 sq. ft. garden.
It is on offer for US$ 48,888.
Your rent is US$ 825 per month.
Your rental yield is 16.35% net.
That’s US$ 7,992 in your pocket every year.
Want to know more?
Just reply to me.
Bagley in Northeast Detroit is one of the most prosperous neighborhoods in the city.
It borders affluent Palmer Park and University District.
The majority of properties in Bagley are owner-occupied.
And crime rates are very low.
As a result there is high demand for property in the area from buyers and tenants.
What’s more, prices have more than doubled in the last 3 years and continue to rise.
This property is 300 meters (0.2 miles) from Bagley Elementary School and the shops, banks and restaurants on Wyoming Avenue.
Marygrove College and the University of Detroit Mercy are a 10 minute walk.
The house has 4 bedrooms, 2 bathrooms, a living room and a kitchen.
There is also a 900 sq. ft. basement and a 4,617 sq. ft. garden.
This property is on sale for US$ 79,995.
Your rent is US$ 1,100 per month.
Your net return is 12.85% – after all expenses.
That’s US$ 10,280 in your hand every year.
If you would 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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