Detroit Real Estate Investors Help Out-of-State Investors Acquire Cash Flow Properties
Out-of-state investors are utilizing a local investor to acquire fully renovated and rented (turnkey) investment properties in the Metro Detroit real estate market.
Orion, Michigan, July 22, 2009 — As investors from all over the world flock to Metro Detroit looking to cash in on the all time low prices, they now have an opportunity to get first hand information from an industry insider. These highly sought out bits of information are now at investor’s fingertips by contacting Equity Services LLC.
Investors can learn about the troubling Metro Detroit housing market and how they can cash in on the recent economic downturn. Other areas of interest include how to buy investment properties to ensure that they have a positive cash flow. They can learn about how to search for great deals. Jerry Norton and Joe Traficante, owners of Equity Services LLC, came up with the idea of assisting out-of-state investors in 2006 when non-local investors began purchasing foreclosures in the Detroit market.
Norton explains what happened, “Savvy investors buy when the market is down. When Metro Detroit started experiencing a downturn, we started seeing these investors coming here and buying foreclosures due to the low prices. We watched them struggle to renovate and rent their properties long distance. So we began packaging properties for them already renovated and rented at wholesale prices.” Did it work? Did it ever! Since January of 07, Equity Services, LLC has packaged and sold over 150 such “turnkey” properties to investors from all over the world!
Jerry Norton, from Michigan, has been a fulltime real estate investor since 2004
Working primarily in the Pontiac, Michigan area he has provided many investors with the inside knowledge and resource base to successfully acquire income property. He has used the power of the Internet and interactive Web 2.0 marketing to attract buyers from all over the world.
Joe Traficante, originally from California, has served the real estate industry for 10 years. Since their fully renovated properties average under $50k, he has helped many first time investors finally make it possible to invest in affordable real estate. He is proficient at renovating property and prides himself on the quality of his company’s renovations. According to Joe, “we really go all out and entirely recreate our properties. We separate ourselves from the rest with our superb properties.”
While working in California he noticed a serious opportunity in Michigan to fix up and sell investment properties with Jerry Norton of Pontiac, Michigan. A partnership was quickly formed and this launched Equity Services LLC.
Joe and Jerry have perfected the system and make it very easy for interested investors to analyze their deals. “We post all of our properties on our website. Each property comes with pictures and videos as well as the financials. We also have a lot of other information and tools to assist our investors,” states Jerry.
Right now Joe and Jerry are giving away 2 FREE tools on their website. A “Rental Property Income and Expense Tracking Tool” as well as their coveted “Cash Flow Analyzer Tool.” Visit: http://www.EquityServicesLLC.com
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Equity Services LLC