Lake home real estate investing

Yes there are some people that rent out lake homes.  They have investment properties that are on the lakes and bring in income.  It is harder to do with Oakland County Lake front homes because the home costs are so much higher than homes that are non-lakefront.  But rents are higher for lakefront homes.  What you have to determine is what is your ROI (return on investment).  That is the key.  For the amount of money you invest in a lake home could you make more on a few non-lakefront homes. Metro Detroit has an excellent real estate investors club/association.  MREI has monthly meetings that are full of great information.  They try to make it a learning experience for you.  Here is this month’s meeting agenda and times.  Take the time to go if you are into investing in real estate.  You will be glad you did.

Monthly Meeting Reminder

This Months Meeting: Thursday,   November 15, 2012

Ask   the Expert: How to Invest in Real Estate with Self Directed IRAs

Main   Topic: Rehab Properties for a Fraction of the Cost

Monthly   Meeting: Thursday, November 15, 2012 6:00pm – 9:30pm (Check In Opens at   5:15pm–arrive early to beat the line!)

Ask the Expert   begins at 6:00pm. Representatives from iPlanGroup will be discussing the details   behind investing in real estate with self directed IRAs. This is an excellent   way to finance your investments and contribute to your IRA at the same time. Pete Young will join MREI this month   as our featured speaker on getting the top dollar for your rehab projects.   Execellent for new and seasoned investors and even for all of us   Do-It-Yourselfers! This will be a 90 minute   presentation followed by his One Day Workshop on Saturday, November 17   entitled: 101 Tecnhiques to Rehab Properties So You Can Earn Top Dollar. This   Month’s Meeting: Thursday,   November 15, 2012

Time: 6:00     PM – 9:30 PM

Location: MSU     – Management Education Center 811 W Square Lake Rd Troy, MI 48098Google     Map

See You at the meeting… The MREI Team,

Remember they are not making any more lakes in Southeastern Michigan so Oakland County lake front property will always be a good investment. and get the latest lake foreclosures and new lake listings emailed to you as soon as they hit the market so you don’t miss out on the great deals Search the latest Foreclosures Cass Lake Michigan or some of the many Cedar Island Lake Homes for Sale.   Would you like a smaller lake like Chalmers Lake Lakefront foreclosures.  Maybe a lake home is not for you.  Would you rather have a stable Wayne County city like Livonia real estate or you can search all of Metro Detroit real estate

Russ is full time realtor with 14 years of experience of finding good deals for his clients.  An added bonus is that he buys a new kayak, or lawnmower, or grill, or snowblower, or lawnmower when you buy and close on a home with him.

I want a free kayak when I buy my next home

Wayne County Lakefront homes for sale

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