DETROIT. “ GOOD NEWS TRAVELS FAST “
Investors from all over the globe are snapping up commercial and residential property in Detroit. This once forgotten city is now the buzz word for investors from all parts of the world. Despite a fiscal plight that forced the city to seek chapter 9 bankruptcy, protection 5 in August 2013, the real estate market is as strong as its ever been in Detroit’s downtown and surrounding areas. This has really been led by Billionaire Dan Gilbert who over the last 7 years of investing in Detroit has quadrupled his net worth from 1 billion to close to 4 billion today. In the 4th quarter of 2015 the state of Michigan ranks 9th in GDP growth among all other states. Metro Detroit home sales and prices have now hit a record 10 year high in May which is one of the reasons why investors are trying to get in now before prices again start to rise. Global Investments Incorporated have been selling residential investment properties in Detroit now for the last 4 years and have sold more than 3,500 homes in this short time but they have also seen a recent surge in enquiries and sales in the last few months with the dynamic investment company having to employ more staff to deal with the number of enquiries. We asked CEO Mike Moodie what his opinion was on the sudden upturn in sales? “ Well over the last 4 years we have done really well and sales and enquiries have always been really steady, but we have been slowly seeing the prices go up. Four years ago we were selling homes at an average of $15,000 with net returns of up to 30% ff not more, where today our average sale would be $30,000 and with returns of around 18% net, so you can see that over this period house prices have almost doubled. To cap this of there is a tremendous amount of positive news that is coming out of the city and we feel that it is a fantastic place to work and live once again. I think with all of the positive news, coupled with the increase in prices is meaning we are seeing more enquiries and an upturn in sales. Global Investments incorporated lead the way in giving the investors a one stop shop and take care of every need, from management, insurance/ LLC and bank account set up and an unrivalled ongoing after sales service. “ Yes we really do give the investor a very smooth transaction from reservation to closing and thereafter as well. We hold their hand through every step and are there after the sale to ensure that their investment is working and are always there to step in as a middle man if need be. “ quoted Mike. Global Investments Incorporated currently have the best most exclusive stock in the market place today, with the best locations, best prices and steady returns for their investors. If you would like more information on these fantastic opportunities in the motor city please email Mike directly at. mike@globalinvestmentsincorportaed.com