Why Detroit
For you, the investor, the current Detroit Real Estate market provides the nation’s best combination of low prices, excellent cash flow opportunities and the ability to generate passive income, due in large part to an extremely prominent Section 8 housing program. If you consider the low cost to purchase versus the cost to build, and you can understand why Detroit makes 100% sense for real estate investing in today’s market. Thanks to initiatives by both the Federal and State Government (billions of dollars) the entire state is poised for economic recovery.
Due to the subprime meltdown and the deteriorating Automobile industry, Detroit, Michigan was one of the first and most impacted cities to experience deflated Real Estate prices. In lieu of this, the State of Michigan and Detroit specifically have received more government stimulus money than anywhere else. So what does that mean for you? You are guaranteed returns in a more and more increasingly stable market.
According to the Fiserv Case-Shiller Indexes, since 2006 Detroit area housing prices have dramatically fallen by a whopping 60.5%. In light of that down turn, it is no wonder why most experts are predicting a massive housing market recovery over the next several years. What goes up must come down and vise versa.
Sounds a little grim, right? However, remember what we shared with you, more wealth will be created through this down economy than at any other point in history. So what exactly does that mean for you as savvy, educated investor? It means opportunity. It means the ability for you to create a lasting legacy in order to secure your financial future through lasting and secure passive income.
What you may not be aware of is, the market has already begun to see an increase in housing prices with a directly proportional shrinking inventory when it comes to quality homes. Over the next four years homes prices in the Detroit area are expected to leap 33.1%! Huge tax-deductions, added employment opportunities and a monumental upswing in the auto-industry are motivating and attracting large amounts of international investors to take advantage of this unprecedented market.
Our Top 6 Reasons Why Detroit Investment Makes Sense Today:
- Detroit is one of the top markets for low purchase acquisition and high rental ability.
- This market is currently being gobbled up by foreign investors everywhere.
- Rising costs and a shrinking inventory are leaving scared investors at home, while savvy ones capitalize.
- Hollywood is here, creating new jobs, growth and life in the city and surrounding areas.
- The Auto Industry is steadily on the rise leading to rising job opportunities.
- The Federal Government has committed more money to the State of Michigan than any other state.
A recent Housing Predictor (link to Housing Predictor) Survey, ranked Detroit, Michigan as the #1 Real Estate Market in the United States. Hows that for a shock?
Recently, the State introduced a new program aimed at attracting large scale investors. The program is projected to produce significant job growth. InvestMichigan! is a $300 million program, capitalized by the State of Michigan Retirement System, focused on generating strong returns for investors and growing the next generation of Michigan companies. In order to support companies at both early and later stages of development, the Program has been divided into two pools of capital: one targeting smaller companies with high growth characteristics and another targeting more mature companies seeking a change of control through a buyout transaction.
As you can see, the State of Michigan is poised for a substantial rebound from the past few years. It is for this reason, we know that Michigan has the ability to yield significant gains for our investors.
Don’t just take our word for it, see what others are saying as well:
http://www.mlive.com/news/detroit/index.ssf/2010/12/video_cbs_news_sees_detroits_e.html







