Real Estate Investment and Management Blog

Investing in Detroit Real Estate While Living Abroad

Centureon Investments - Tuesday, September 11, 2018

At Centureon Investments, we have worked with property investors from over 65 different countries. They know that they don’t have to live in Detroit to invest here. If you’re living abroad and wondering if you can still purchase an investment property – you can. Today, we’re telling you how.

Understanding the Detroit Market

Investing in Detroit makes sense, no matter where in the world you are. The economy here is thriving, with companies in various industries making Detroit their home. The automotive industry is still based here, and there are also businesses from the logistics field, healthcare industry, and aerospace field providing good jobs and a growing local market. The prices for Detroit properties are still extremely low, especially when you consider that you can earn close to $1,000 per month in rent for most of the homes that are available. It’s hard to find another rental market in the U.S. that can offer the yields and ROI that Detroit can.

Working with Professional Property Managers

The most important requirement for overseas investors is a good property management partner. You need someone in the local area who has experience in the market, knows the local laws and requirements, and can protect your property and grow your ROI while you are doing other things. At Centureon Investments, we have this local expertise. We will place outstanding tenants, keep your property well-maintained, and ensure you’re receiving your rental payments every month.

Tracking Your Performance

ComputerThanks to technology, it’s easier than ever to stay in touch from all over the globe. Because we work with so many investors outside of the U.S., we have the best technology and property management software available. You’ll be able to see how your property is performing at any time. We’re always here to answer your questions and talk about your next steps. You can also access maintenance invoices, accounting statements, and other financial reports through your online portal. No matter where you are, you won’t lose touch with what’s happening with your investments.

You can successfully invest in the Detroit rental market while living abroad, and we’d love to help you do it. For more information, contact us at Centureon Investments.