It’s about being in the right place at the right time.
The best companys are based in Detroit
Our houses are located in great neighborhoods
Detroit Economy is Booming
Detroit is one of the best cities to buy a rental property, already home to 100 of the Fortune 500 companies, including Kellogg, Quicken Loans, Whirlpool, Penske Automotive and Walmart. The city is still improving and growing year after year.
It is recognized as the automotive capital of the world. The metro area is home to General Motors, Ford Motor Company and Chrysler ( “The Big Three ” major automotive companies in the US and Canada) which offer a wide range of jobs and invest billions into the city’s infrastructure. Despite it’s longstanding nickname “Motor City” and the investment from the motor industry several of Detroits fastest growing industries are diverse as healthcare, defence , aerospace, IT and logistics. This strong consolidation of Companies from different sectors makes Detroit one of the top 10 U.S. cities for economic growth potential.
Tech giants such as Amazon and Google have recently opened offices there, taking advantage of the fact that Michigan has the highest concentration of Tech engineers in the nation with 133.000 statewide.
Michigan´s cost of living is 11% below the national average, making it the 4th most affordable state in the Country. Resulting in Detroit being the 3rd city in the country for attracting millenials.
This unique mixture is what makes Detroit a great area for Income Producing properties, that offer both high rental income and capital growth.