www.macombinvestments.net | A Real Estate Investment Company

I had to laugh the other day! I bought a property around $30,000 and I had a you tube video posted to sell the property. I got a response that in that area a person 4 years ago paid $130,000 for that same kind of home. Of course we know that the market has hit a rut and prices have dropped but that shows when the market comes back 80% that property would be worth $104,000. I encourage people with some kind of money make uses of it. I encourage people that are taking buy outs from Chrysler and all other car industries to down size and get a home cash. There is such an opportunity in these times we are going through in the Metro Detroit Area. There are a lot of downsides to what is happening. There are less jobs and less income coming in for family’s to live. I look at this situation and realize that many people were living way beyond there means because even during job lose many people should have not lost there homes. We have a responsibility with our money and it shows that many people were unaware of the situations that they were put in. So now we are in a market that is at the bottom. There is only one way to go when you hit the bottom. Real Estate is changing hands rapidly and moving to different hands and new generations of wealth are being created in this Macomb County Real Estate Market that we live in. People from out of the state and different countries are contacting me wondering of it is really true that you can buy a house for $30,000. I just reply with yes it is.

So when we hit this bottom of a market I believe there are many people that have lost hope in the communities thinking this is pretty bad. I look at the situation as there is going to be a big change in this city. That these times are going to make leaders really evaluate what is going on and take care of the roots of the problem opposed the band aids that they have placed over the cuts for years. The blood needs to become a scab and we need to dig deep as people and all take part of the healing process. First we need to figure out what is causing the cut to now scab. It’s not all about real estate that’s just the area that takes a hit when times become troublesome. The healing takes place when the root gets taken care of (the root of the problem). We have been a city ran greedily. People at tops of company’s are taking money beyond what is affordable and ultimately leading to downfalls that’s greed. Which hurts so many in the long run. There is such a demonic mind set in these times as well. I don’t see many family’s being true family’s. I see a lot of the younger generation being raised by TV, movies, video games, and music. The world makes divorce seem normal, pre marital sex is ok, and that pornography is acceptable, well its NOT. It shows me people like to give up and just go with the flow. There is no structure and now it seems like everything has fallen. Immorality is a word that comes to mind when you look at the whole overalle picture of a Nation, State, and City. There are no voices that will stand up and everyone thinks Hollywood is good for them when all the people’s lives in Hollywood are so messed up, yet we still want our kids and allow them to look up to them. Heck half of the adults do this them selves (idolatry). Till there is a transition there will just be more of a fall. I look at Sodom and Gomorrah in the bible and note that immorality ruined the whole entire city. Times like these need to make people take a look deep within and take inventory of what we are doing. I believe and know in my heart the Detroit and areas around it will be a place of enjoyment once again in years to come IF these issues are deal with.

My encouragement to the people this day is. We have a great opportunity to hit the bottom and come out on top with purchasing real estate. Weather its sacrificing a little now to give to our family’s later it can be a time to take self gratification out of the picture and think generational.

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Popularity: 17% [?]

Welcome to our new section “Rehab’s”, were we are going to keep you updated on some projects that we may have going on. It’s Monday October 12, 2009, Strength Management is gearing up to do a rehab project in Mt. Clemens, Michigan. We are excited what opportunities are coming about in the Macomb County Real Estate market. The house is going to look really beautiful when it is done. All the contracts are coming being signed for the contractors to get into the property early Thursday morning so the project can be banged out in a matter of 4-5 weeks. Time is always in the essence when you are looking to turn a property.

This property has a lot of nice features to sell quickly. It’s a 4 bedroom 1 bath with a basement and a garage, also with a big back yard lot. So as a company we decided to make this a rehab flip project. It’s going to be completely transformed from the inside out. The first steps that we took in the process was making sure our foundations were covered, with anything in life the foundation is the most important thing it’s what you build on. So we of course looked at the walls in the basement and the houses walls but that’s not really what I mean when I said foundation. We needed to look at the budget of the property. It’s important when you want a houses to sell fast to update the home. This property was picked up off a foreclosure, so the updates needed to be made were many. We went to the city to gather the inspectors and have they come out. You want to get inspectors out so you comply with the city and ever body stay’s happy.

So the inspectors come out and we get an idea of what needs to be changed. So we built our lists of improvements around the inspection report which I consider the foundation of the start of my rehab. Next we are working with the contractor figuring out what the project is going to take, does it need a kitchen, new plumbing, how’s the electrical ext..? It’s very important to give a good project to the customer especially if you want to stay in business for a lifetime. So integrity is the first thing that comes to my mind. A sound product needs to be in order. Sometimes you spend a little bit more money but at the same time you sell the house’s quicker and you keep people happy leading to more buyers at the end. The project has taken roughly 3 weeks to really gather what it was going to take to do. It began with a simple project then it became a big project. We decided to get the product not only up to code but above and beyond to please the buyers at first sight.

Here are a list of things that will be done:
1. Driveway (Porch’s as well)
2. Siding
3. Hardwood Floors
4. Paint (interior, exterior, basement walls and floors)
5. New Kitchen top to bottom
6. Bathroom
7. Electrical/Plumbing ( minor)

There were some perks when the property was purchased being that the windows, roof, furnace, and water tank were all newer. That gets expensive when you have to replace some of those items.

The lists of improvements were put together and contractors were put into place. Now the fun starts its time to demo. The demo crew will be out there early Thursday morning and we will be looking forward to see a project that much closer to finish. Need to hurry on that driveway its getting cold out! It will be a beautiful product and it’s just about under way. Keep looking back at our blog to get updates, videos, and photos. Ultimately we will have the finished product for you to see a complete rehab project come together.

Popularity: 30% [?]