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tips

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…

What To Do When Your Tenants Stop Paying

It’s Business – What You Need to Know Eviction is a dirty word in the real estate business, and often a topic that professionals aren’t thrilled to discuss. After all, you didn’t get into the rental business because eviction was the norm. So, what do you do when your tenants stop paying their rent and…

How To Make Your Next Detroit Home Renovation Project A Breeze

Almost any property that you purchase in Detroit is going to need a little TLC, and could require some renovation or rehabilitation. Regardless if you are planning on tearing a property down and starting from scratch, or just trying to update a few little areas around the home, we have a few tried and true…

Why Your Current Rental Lease Agreement Isn’t Working

You know that fine print at the end of any helpful ‘how to’ page that can guide you along advice with legal documents or issues that states, Always consult a professional before moving forward? This information is not only useful in sticky situations, to make sure that what you’re signing or distributing is accurate, but…

Get The Most Revenue From Your Rental Property

There are countless ways you can maximize your profits from your rental properties. Have you thought of them all? Chances are, Own It Detroit has a few more suggestions up our sleeve that can help you put more money in your pocket! Let’s get creative and find a few more ways that you can increase…

Maintenance Pitfalls And How To Avoid Them

Each home has its’ own set of headaches, but some are greater than others. When you’re looking to invest in a home either for rental purposes or to flip, make sure that you don’t fall victim to these huge maintenance problems. While we encourage you to find those diamonds in the rough that are lurking…

What You Need To Know Before Buying A $500 Detroit Home

We know that a $500 starting auction price for the 65,000 Detroit homes that have been foreclosed on sounds incredibly enticing. At Own It Detroit, we want to encourage you to take risks and find amazing deals, but even $500 homes come with hidden costs. The home may come with residents Many of these foreclosed…

10 Things To Do When You’re Ready To Buy – Part 2

The first five steps we went over are personal areas that you can gather and accumulate quickly. However, if you’re looking to purchase your first property, chances are you will need a loan. Review these steps to help get your paperwork and finances in order to successful navigate through a home loan process. Prove history…

Use Tax Loopholes In Detroit Real Estate

As a real estate professional in Detroit, MI, money is often on your mind. What can I do to keep as much money as possible? How do I work around my taxes? Are there other options outside of placing it in a Swiss bank? Let’s go over a few ways you can properly and safely…

How To Sell Your Detroit Real Estate Faster Than Ever!

You found the house for sale in Detroit, you rehabbed the house, and now you’re ready to turn the house for a profit. Are you looking for some quick tips on how to get that house off your hands and money back in your pocket? Follow these tips for guaranteed success! You may even get…