Typical properties we have provided for investors in the USA
The USA is experiencing the lowest house prices in decades 3 to 4 bed detached properties are available at heavily discounted prices for only $35,000 to $55,000 Huge Investor Discounts for Repossessed Property Regulated Property Managers Properties are heavily discounted by 30% - 60% if they are bank repossessions US Property management companies are licensed and regulated
Established legal process The legal process and property registration is similar to the English system No restrictions for International Buyers Buoyant Rental Market Active rental market for both private and s.8 tenants You do not need to be a US citizen or resident to buy or rent a US property
Australian Dollar Advantage Aussie dollar hits record high against US greenback. Highest level since 1983 Average investment of $50,000 USD cost the Australian investor: Apr 2010 $71,000 NOW $47,000 (Apr 2011) . AUS/USD currency gain of $24,000 in a 12 month period
Key Reason 1 Potential for substantial capital appreciation due to corporations and the US government allocating over $1 billion to create new jobs and regenerate the city. Key Reason 2 Huge tracts of blighted and abandoned homes are being demolished by the City Council. Key Reason 3 Over the past 12 months there has been a substantial reduction in the supply of quality rental property.
Key Reason 4 Waiting list of over 9,000 tenants looking for high quality housing in metro Detroit area. Key Reason 5 Prices have hit a all time historical low and even the even the modest investor can purchase multiple houses. Key Reason 6 Shortage of 30,000 compliant rental homes in the Detroit metro area.
Key Reason 7 The government will guarantee the rent for your tenant. This is paid directly into your bank account
Key Reason 8 Homes in prime city neighbourhoods are selling at over US$1,000,000 Key Reason 9 Metro Detroit has some of the most affluent neighbourhoods in the United States. With properties being sold in excess of $5 million dollars.
Key Reason 10 The region is reinventing itself by diversifying into different business areas such as science and technology, film production, financial services, entertainment and tourism. This will aid the recovery of the city. www.detroitinvest.co.uk