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detroit

What Exactly is “Normal Wear and Tear”?

When you use an object over time, it ages and gets damaged. This is known as normal wear and tear. In the case of properties, this occurs when a tenant is occupying your space and is using your furniture and appliances on a regular basis.

Should I Rent My House Furnished?

First off, it’s important to understand that there is no law in Detroit, Michigan that guides whether or not you should furnish a property. That decision is entirely yours! You can decide whether to offer it with nothing but floorboards and bare walls, or with every possible kind of tools, appliance, furniture, kitchenware, magic lanterns,…

This Is Why Your Detroit House Isn’t Selling

We’ve put together endless articles on how to purchase homes, renovate homes, and all of the tips and tricks in between that are needed to be successful in real estate in Detroit. However, do you have a home that just isn’t moving? There are a few key reasons why, and we can probably guess that…

Detroit’s Guardian Building Looking For A New Owner

Back in April, the Detroit Free Press ran an article that looked like the Guardian building was going to be placed on the market and finding a new owner. As a main fixture in downtown Detroit, it is also the hub for Wayne County’s local government. After millions in renovations on the Guardian Building and…

Detroit Homes Face Foreclosure on June 8th, 2015

Wayne County residents are under a serious crunch if they are trying to keep their homes. With an original extension for those who are facing tax foreclosure was given until March 31st, 2015, this deadline just got pushed even further, giving residents more time. Now, tax foreclosure victims have until June 8th, 2015 to avoid…

What Properties Should Be In Your Real Estate Portfolio?

When it comes to adding and acquiring properties to your collection of real estate in Detroit, how do you chose what makes the cut? Rental properties are currently the hottest option for many real estate investors in Detroit, but deciding where to invest in the city seems to be the biggest challenge that these professionals…

Upcoming Renovations To Detroit’s Brush Park

The demolition threats for Brewster-Wheeler Recreation Center have been ongoing and very present over the past several years. However, new hope and light has just shined into this iconic building, with discussion of a new restaurant, basement bar, and rooftop deck for the entire Brush Park community to enjoy. The Brewster-Wheeler Recreation Center holds many…

Buy In Detroit For Next To Nothing

The affordable homes that have been popping up in the Detroit auctions are nothing new to our followers with Own It Detroit, but new legislation passed by Mayor Mike Duggan has created even more potential for many of the abandoned homes across the city. Many of those who were purchasing homes in Detroit paid with…