Royal Oak Michigan Becomes An Investors Paradise With Great ROI

(EMAILWIRE.COM, May 26, 2011 ) Royal Oak, Michigan -- Metro Detroit is back in the news as a great place to invest in. The draw for investors is a natural. For the past two years the city of Detroit has been looked upon as the city of great deals when it comes to real estate. The city as we know it is being rewritten with new image enhancements like the Detroit 2020 project and the 2 Word Story campaign from Oak Pointe Church. There is a buzz in the air about how this city is going to evolve and despite the weak economy there is a lot of potential in S.E. Michigan. That is what has a lot of residents exited and now that buzz is spreading to a whole new wave of investors.

Detroit is big business. Oakland County despite its many problems and challenges still is touted as the richest city in the U.S. There is money tied up in upscale real estate, rich commercial properties such as luxurious golf courses and the home to education and medical institutions. S.E. Michigan, along with its Universities, hauls in big numbers and has been in the news. Since 2010 it has been the home for independent filmmakers, entrepreneurs and fix and flip real estate professionals. Investors find this very appealing due to the rehab real estate prospects. That is what keeps real estate developers like Michael Rivait busy. In addition to Detroit, nearby Royal Oak has been a city of focus. This older neighborhood is known for its family friendly living spaces and upbeat urban environment.

Team Rivait has been knocking out walls in homes and adding living space and giving the older Royal Oak homes an updated look. The results have been noteworthy. Now these old homes are becoming hip places where the young and affluent choose to live. For investors this has become a place of great interest. RivaitÂ’s properties differ from the usual assortment of homes that are available. The properties have been zoned to accommodate the extra square footage so that new additions can be added on. This includes extra space added into kitchens, dining rooms, decks, and living rooms.

The time is right for outside investors to take a look at Metro Detroit. RivaitÂ’s team is looking for short term investors who will come in and help build the properties and make enhancements. The chance to make a return on investment is now. Many surrounding cities are revamping neighborhoods. Pontiac, Southfield, and Waterford are all places that are making major home revisions.

For more information contact: http://www.1realestateinvestmentmichigan.org/ call 248.670.2011 for more information.

Eclyptico
Ted Cantu
248.670.2011
tedcantu@gmail.com