FAQ

Peter Sorensen answers a few key Frequently Asked Questions about investing in Detroit Michigan Real Estate.

Why Detroit Why Now?

Yes! Between the low purchase price you can get on these properties, the high rents, and rental demand from the Section 8 Program. In addition the government stimulus in reference to the auto industry and the film industry creating jobs. Detroit is poised for economic recovery. You are in the right place at the right time with MichiganInvest.com.

San Diego, CA vs. Detroit, MI: Why should I invest in my own backyard in San Diego?

In San Diego, CA I could pay $350,000 for a three bedroom home. In Detroit, MI I would pay $35,000 outright to own the home. For the cost of a down-payment I could own a revenue generating property in Detroit,MI.

Can I Do This Myself?

Yes! However MichiganInvest.com offers a turn-key system. Why make mistakes when you the opportunity to side-step the learning curve.

Do you have a question that’s not answered here? We’d love to answer it for you. Simply email us by clicking here or by calling 1-888-303-9798.

Testimonials

“I have been a real estate investor for over 20 years, investing mostly in the San Diego, Californiaarea. After the market downturn, I found most of my rental property barely producing excess cash every month. I had hundreds of thousands of dollars in equity locked up producing almost no cash.

After discovering Michigan Invest, I sold one of my multi-family apartment buildings in San Diego,and used the proceeds tax free via a 1031 exchange to purchase 4 homes in Detroit. The properties were producing income from the beginning and I am now earning more in one month than I did all year with my other property. I am thrilled with the decision and am currently looking to sell another building in San Diego to purchase more properties in Detroit with the assistance of Michigan Invest.”

Jim Stathis, San Diego, CA - Client

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