Detroit Michigan Real Estate Investors Association for New Investors ....
The Real Estate Investors Club Meets the 3rd Thursday of each month to give new and experienced investors, landlords, lenders, rehab contractors and anyone affiliated the chance to network and form business relationships.
Each meeting features a special guest speaker who will provide secrets to success in today's real estate market. This week's speaker is still to be determined.
This event is free and open to public – no membership requirements
Real Estate Investing Club at Detroit College
Come and Network your Business
No charge to attend
- Free Vendor Tables
- Main speaker on Business topic – to be announced
- Bring your business Cards
Come out to Wayne County Community College District's Eastern Campus
| Event Date: | Thursday, February 21 2013 |
| Event Start Time: | 6:00 PM |
| Event End Time: | 9:0015 PM |
| Location: | Wayne County Community College District Eastern Campus, Corporate College at Eastern Campus Cooper Conference Center 5901 Connor Street, Detroit, 48213 |
Get A Better Understanding Of Buying Real Estate in Michigan
by: Mark Maupin
Buying real estate is a big step for any individual and is the largest purchase many people will ever make. Making the right buying decision is understandably daunting, but can be much easier if you have the best tips. This article contains advice and tips to help you buy real estate effectively.
When buying a house it's important to look over the house for problems. But it's also important to check out the neighborhood. Driving around looking at the conditions of the houses and cars around the neighborhood can give you a good idea how good of a neighborhood it is. If you see houses falling apart, junk cars, and garbage, those are red flags that the neighborhood may not be too great.
When purchasing a rental property, be sure to check out the local rental costs first. Having an idea of how much other properties in the area are renting for can help you to figure out your budget. You'll have a better idea of what to offer on the house and how much you can budget for upgrades as well.
If you are pregnant then you should probably wait until after you have your baby to buy a new home. Changes in your hormones can cause you to make rash decisions about a home and you may purchase something you do not like or refuse to purchase something that was actually a pretty good buy.
Take your time to search and evaluate, do not just jump on the first thing you see. Many new home buyers make the mistake of buying the first thing they see and end up in a world of regret. You need to do careful research, and make sure that it is the property for you.
Making the decision to invest in a home is a big one. It is going to change everything in your life for many years. You need to take time and look over all contracts about the house and the mortgage before you sign any of them. Consider having a professional look things over before you commit.
Try to remain objective when attending an open house or viewing a model home. Focus on the house itself rather than the decor. Remember, you are buying the house, not its contents. Focus on what's most important: square footage, the floor plan, wall space, windows, and doors. This will allow you to determine how well the house can accommodate YOUR decor and belongings.
If you find a home that you are interested in and want to build a fence in your yard, make sure that you are allowed to do so. Some locations do not allow a homeowner to build a fence in their yards. In other places, you can only build a fence to a certain spot in your yard.
Make a list of all the features you want your new home to have before you start shopping. This way, you'll have a clear picture of what you need in a home and what you'd want. Going out blindly looking at houses can be exhausting until you sit down and write out what exactly you want.
Make sure all members of your family are involved in real estate decisions. Your kids don't have the right to tell you that you can or can't buy a property, but their likes and dislikes should be consulted and considered. The family home needs to be just that, a family decision.
After you have found a home that you would like to purchase, spend a little time carefully considering what offer to make on the residence. Take into account how much you can afford to spend as well as any mitigating factors affecting the seller. For example, if the seller has several offers on the property, you may need to offer more money than you would have otherwise. By taking the time to think things through, you will be in a better position to negotiate.
As the beginning of this article discussed, buying real estate can be an intimidating task, but is much easier to accomplish if you are equipped with the right tips and suggestions. Apply the advice of this article and be on your way to buying a real estate property with ease.
About the Michigan Real Estate Investors:
The Michigan Real Estate Investors Club, Michigan REIA, meets the 3rd Thursday of each month to give property investors, realtors and companies who provide real estate services the opportunity to network and learn from each other. The club is free to join, open to the public, and there are no pre-registration requirements. Simply show up at a meeting and enjoy the latest information from successful real estate entrepreneurs who are happy to share all their secrets to success.
Contact:
Mark Maupin
Upcoming Events: http://www.MegaEveningEvent.com or http://www.meetup.com/MegaEveningEvent-com
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