Author: jrhodes7

Imagine waking up to the serene sounds of waves lapping against the shore, the sun casting its golden hue over tranquil waters, and the promise of steady rental income from your waterfront property. In Michigan, this dream is within reach. With its extensive coastline along the Great Lakes and numerous inland lakes, Michigan offers a … Continued

Imagine purchasing a charming, historic home in Detroit’s West Village, envisioning its transformation into a modern masterpiece. However, upon starting renovations, you uncover unexpected structural issues, escalating costs, and delays. This scenario is all too familiar for many house flippers in Michigan. Flipping houses can be a lucrative endeavor, but it’s fraught with challenges unique … Continued

Imagine owning a rental property in a Michigan city where demand is high, vacancy rates are low, and local programs make homeownership more accessible. Whether you’re a seasoned investor or just starting, Michigan offers a variety of cities that present lucrative opportunities for long-term rental income. In this post, we’ll delve into the best Michigan … Continued

Imagine owning a rental property in a Michigan city where demand is high, vacancy rates are low, and local programs make homeownership more accessible. Whether you’re a seasoned investor or just starting, Michigan offers a variety of cities that present lucrative opportunities for long-term rental income. In this post, we’ll delve into the best Michigan … Continued

Imagine purchasing a charming, historic home in Detroit’s West Village, envisioning its transformation into a modern masterpiece. However, upon starting renovations, you uncover unexpected structural issues, escalating costs, and delays. This scenario is all too familiar for many house flippers in Michigan. Flipping houses can be a lucrative endeavor, but it’s fraught with challenges unique … Continued

Imagine purchasing a home in Detroit for under $100,000, renovating it for $20,000, and renting it out within weeks. This scenario is increasingly common in Detroit’s revitalizing neighborhoods. Conversely, Grand Rapids offers a more competitive market with higher property values and steady appreciation, attracting both investors and first-time homebuyers. Understanding the return on investment (ROI) … Continued

Imagine this: it’s a crisp fall weekend in Traverse City. Tourists flock to the area for the annual Film Festival, wineries are bustling, and the vibrant colors of autumn are on full display. Your cozy, well-located home is ready to welcome guests seeking a unique Northern Michigan experience. With Airbnb’s growing popularity, turning your property … Continued

Imagine driving through the tree-lined streets of Ann Arbor, the vibrant neighborhoods of Grand Rapids, or the historic districts of Detroit. As you pass by charming homes, you wonder: Could there be hidden gems for sale here, not listed on Zillow or MLS? In Michigan’s dynamic real estate market, off-market properties—homes not publicly listed—offer unique … Continued

Imagine buying a rental duplex in Grand Rapids in the summer, only to find your property tax bill jump unexpectedly in winter because of a local millage change. Or purchasing a vacation rental in Traverse City, but losing out on key exemptions because you missed a filing deadline. For real estate investors in Michigan, understanding … Continued

Picture this: It’s late August in Ann Arbor. The streets are buzzing, moving trucks line the curbs, and coffee shops are packed with students and parents. If you own a rental here, you know your phone will ring off the hook with inquiries. Michigan’s college towns have a unique magic — consistent demand, seasonal turnover, … Continued

Imagine driving down a quiet Detroit street in early spring. Snow piles are melting, and “For Sale” signs dot the neighborhood. One home, with boarded-up windows, catches your eye. The price? Shockingly low. But it’s a foreclosure — and you’re wondering if it’s a goldmine or a money pit. In Michigan, foreclosure deals can be … Continued

Imagine this: you’re driving through Detroit’s Corktown on a crisp fall afternoon. The leaves are changing, downtown buzzes with new restaurants, and yet—just a few blocks away—an old duplex sits ready for renovation. For many Michigan investors, moments like this signal a major opportunity: multi-family properties. Right now, Michigan’s urban housing market is experiencing steady … Continued

If you own a rental property in Michigan—whether it’s a cozy duplex in Grand Rapids, a downtown apartment in Detroit, or a student rental in Ann Arbor—you already know that finding a tenant is only half the battle. The real challenge? Finding the right tenant who will respect your property, pay rent on time, and … Continued

Imagine you’ve just purchased a charming duplex in Grand Rapids, dreaming of converting it into a multi-unit rental. But a month later, you learn your plan violates the city’s zoning ordinances. Now you’re stuck with fines, delays, and expensive re-approval processes. This scenario happens more often than you might think in Michigan’s fast-moving property market. … Continued

Owning a rental property in Michigan can be both rewarding and challenging. Picture this: you’ve just bought a charming duplex in Grand Rapids with hopes of steady income, but winter hits hard, your tenants call about a frozen pipe, and suddenly your “passive income” isn’t so passive anymore. Michigan’s rental market is unique. From Detroit’s … Continued