IPS Blog

A Tale of 3 Flips: #1 for 71% Return

Flip #1 in a series of 3 blogs: 71% return in three months 

5305 Cecil Street, Southwest Detroit ~ Lights flashed and sirens blared, as six police cruisers carrying 24 special ops police officers, followed by me in my hulking black Ford F-150, approached 5305 Cecil in Southwest Detroit.

Feeding Frenzy

Recently, we bid on an auction house in the Jefferson Chalmers neighborhood. We were committed to a bid of $6,700 for the property, but it was a veritable feeding frenzy until the property finally sold for $67,000.

When The Locals Come…

A city doesn’t rebuild until the locals buy in. At least that’s the theory.

Detroit Emerging Markets

It’s been quite a journey for Detroit real estate since the beginning of the 21st century.

Rehab Recos

Interested in buying a fixer-upper? If so, there are things I recommend for rehabbing a property to make it a sound, long-term investment.

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