“The future depends on what we do in the present.” ~ Mahatma Gandhi

Never has a quote meant so much than today in our State and especially in Detroit, Michigan. How are you currently shaping your future? Are you sitting back and watching what happens in the real estate and financial markets or are you forging ahead and creating your future with sound decisions today?

I know many people are scared and are just sitting back and letting someone else shape their future, which leaves them helpless.
We are literally sitting on a gold mine in Detroit real estate but many of us are just too close to see it or are unwilling to see it.
When the rest of the country saw huge appreciation gains, Detroit real estate prices were declining. Many people saw this as a reason to run but taking an objective look at the investment properties in Detroit, the cash flow available, and the huge discounts with foreclosures, and I see opportunity!

I know you won’t find another place in the country with as much potential as we have in Detroit. I’m not saying that we’re not going to go through our share of challenges and obstacles in the meantime but the investors and business owners that make sound business decisions today and those that work on their business today are going to be the ones that capitalize when our market turns around. I can already hear the cries from the people in 5 years that kick themselves for not buying that house that was $25,000 or not investing in that business that’s taking off with the new economy. How many of you will be telling these stories?

In the past many people that have created great wealth, did so by investing in down markets. Do the names Warren Buffet, J. Paul Getty, and Donald Trump ring a bell? I don’t want anyone to go out and make rash business decisions but open your eyes, recognize the fear for what it is, and start taking action towards your future.

Successfully Yours,
Jared Pomranky
Detroit Market Expert

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