Below are before and after photos of Chene Park in Detroit, MI.
April 30, 2019Lynn Drake
Before you go out and start looking at buildings, contact your local bank and schedule an appointment with the branch manager. Ask them to review your firm’s financials and tell you how much of a mortgage you can afford. Some bank managers aren’t able to do this, so try the ...
April 25, 2019Lynn Drake
Even though the earthquake was in 2011, the city hasn’t been able to rebuild everything. The following photos show how the city is trying to keep the buildings intact until they can get the money and construction workers required to repair these buildings.
April 16, 2019Lynn Drake
Occasionally, someone will sell their building on a land contract. This mean the buyer puts down an agreed upon amount and then the owner finances the loan based upon an agreed number of years, amortization schedule, and interest rate. Usually, these loans are for 5 to 7 years, and any ...
April 11, 2019Lynn Drake
This new area to walk along the river is a beautiful area for everyone in Detroit.
April 3, 2019Lynn Drake
Next up is Dick. Of course, when you come to meet him before moving in, he is all smiles. Prospects think he is a dream landlord because he always tells you what you want to hear. Little, if anything, is put in writing before the lease is drawn up. He ...
April 2, 2019Lynn Drake