Author: hotwholesaledeals

How to find good investment property in Metro Detroit

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Lots of investors are looking to get started, and as active real estate experts in Metro Detroit Michigan, we get asked to share our secrets quite a bit. Fortunately, we love to share 🙂 One of the biggest questions we get from local investors is ” How to find good investment property in Metro Detroit Michigan?” With … Continued

Real estate investing Resources in Metro Detroit

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So you wanna get started investing in Metro Detroit and you’re checking things out, eh? Good for you. Always do your homework and you won’t get schooled. Here’s some great tools that we’ve found and we use from time to time and great real estate investing resources in Metro Detroit for investors here locally to … Continued

How to find foreclosures in Metro Detroit

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There’s a lot of competition to find great deals on local Metro Detroit foreclosure properties. Finding them is only one part of the process – you also need to know how to capture them. Here are a few secrets from the pros that we’ve used with great success on how to find great foreclosure deals in Metro … Continued

How to bid on a short sale property

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Short sale properties can be a great source of income for investors, and a great deal for home buyers. It’s important to keep in mind that a short sale is one where the bank has approved a loss on a current loan. They’re losing money, so they want to unload. Generally the current owner is in a rough … Continued

Investment Property Tax Deductions List for Metro Detroit

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Uncle Sam gives, and Uncle Sam takes away. But in the case of buying local Metro Detroit investment properties… you can earn investment property tax deductions for your Metro Detroit properties. For real estate investors, the United States provides the opportunity to earn a living purchasing investment properties… and holding those properties as investments, and of … Continued

What Insurance Should I Have For My Rental Property In Metro Detroit? An Investor’s Checklist

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Investing in real estate is different than investing in Wall Street stocks. Stocks are speculative, and they’re also a “paper asset.” The stocks might go up and down but there isn’t much that can happen to the “financial instrument” itself (especially since they’re stored electronically instead of as stock certificates now). Real estate on the … Continued

Tips on Buying Metro Detroit Real Estate with your IRA

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While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs. It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Metro Detroit real estate within your IRA. So, lets dive … Continued