Detroit is a great place to invest as I’m sure you know. That being said, there are many things you need to keep in mind when investing in our area. The profit potential and cash flow is amazing here and you can take advantage of all of it if you follow some simple rules.

Always make sure you use professionals and get recommendations from other investors that have used these professionals such as contractors, project managers, and property managers from other investors that have used them before. I have heard countless stories of investors (out of state and in state) getting ripped off or getting shoddy work from someone that they never got a recommendation on. Believe me. I have gone through the contractors that have taken my money and contractors where they might as well have because I had to get someone else in to fix their “completed” work. We’re here to make you successful in Detroit so if you need some recommendations for trusted professionals on our team that we use and other investors we respect use, just ask.

We have compiled the “8 Secrets to Successful Investing in Detroit” for download at Detroit Investment Secrets. Below is a summary of secret number 4 to find out what you need to be reading!

Secret #4 – PEX, Security Doors, and Glass Block Windows

These are Detroit market specific improvements that buyers and renters want to see in their new home. You will have significant challenges selling or renting a home in Detroit without these improvements.

PEX
(summary of what’s at Detroit Investment Secrets)

PEX is basically plastic plumbing like your garden hose in your back yard. You need to replace your copper plumbing with PEX for the following reasons: Copper is a high theft item and is expensive to replace. Most plumbing is old and may be metal soldered with lead (not good) and the supply line functionality will be severely reduced. For the cost of PEX you will get long lasting quality, a break on your insurance, and better performance.

Security Doors
Security doors are an extra steel door that is installed on the outside of every exterior door. Renters want to see security doors for extra security and you will find that break-ins are severely reduced with a steel security door.

Glass Block Windows
Glass block windows are just what they sound like. They are actual sealed blocks of glass that are used for security in basement windows. They function the same, if not better, than steel bars across basement windows but they are much more aesthetically pleasing and are energy efficient. Renters want to see these for security, looks, and energy efficiency.

By visiting Detroit Investment Secrets – real estate you can download our free report to get all of the 8 Secrets of Successful Detroit Investing and view pictures of everything and get important links and contact information. Enjoy the free report and let us know how we can help you!

Successfully Yours,
Jared Pomranky
Detroit Market Expert

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