by Chris Devers

Probably as of the moment you already been bombarded with commercials that you should get a government grant now! You might be thinking, why I should even bother when for sure it will be a tedious task to get things done for the application anyways.

You are right on that matter regarding difficulty of having an application for a grant gets approved. However, you should very well know by now that the real estate industry is not doing well and a lot of houses have been foreclosed. You know what it means? This will be a great opportunity! Why? Since the housing industry is down it means that the prices are going to be low and therefore, you invest lesser amount of money and earn big in the near future.

This is the beauty of making investment today when the economy is down. Sooner or later the economy will recover from recession and for sure the prices of goods, commodities and real estate will just zoom up like nobody’s business.

One type of grant for investing in real property is housing assistance for individuals who have low-income.

You can avail the grant through going to the municipality where you want to invest in and look for the housing department in order to ask further details about the real estate within the area.

Now, still saying no to a government grant? I bet not anymore! You do need money to invest in real estate and there is one source that you can get the capital from that is in the form of grant. However, you should put to mind that you are going to be battling with a lot of competing applicants and the amount given is not that big at all. But hey, it’s still money! You can still use it to start investing on property.

Let me show you how to get $ 12,000 Free Government Grant from the US Government as little as 7 days.

AG Mortgage Investment Trust, Inc. Announces Public Offering of Common Stock
AG Mortgage Investment Trust, Inc. is a real estate investment trust that invests in, acquires and manages a diversified portfolio of residential mortgage assets, other real estate-related securities and financial assets. AG Mortgage Investment Trust, …
Read more on Business Wire (press release)

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The term “Turnkey Investment Property” is becoming more and more popular in real estate investing. As the name implies, turnkey investment properties are setup for an investor to simplify the process of obtaining rental properties. All of the work to setup the property has already been completed by the turnkey specialist and the investor can simply purchase the property and start collecting rent checks. For many investors, this is a much preferred method for obtaining rental properties because they avoid all of the hassles of setting up a rental property:

1. Locating Neighborhoods to Invest In
2. Determining Rent Comps
3. Finding Properties
4. Making Offers on Properties
5. Arranging Utilities
6. Pull Permits
7. Hire Contractors
8. Renovate Property
9. Hire Property Manager
10. Register Rental Property With Local Municipality
11. Show Property to Prospective Tenants
12. Screen Tenants

As you can see this is a fairly daunting list of activities to setup a rental property and can demand a considerable amount of time. Quite frankly these activities are better left to be handled by a turnkey specialist. This is especially true when an investor wants to invest in markets outside of their local area. The right turnkey specialist will have a system in place to provide investors with the best properties in the best areas at the lowest prices to ensure the highest return is achieved.

Michigan Turnkey is one such company providing turnkey rental properties in Southeast Michigan for investors worldwide through their proven turnkey investing system. This system employs the following fundamentals for all of their properties:

1. Property Location – Michigan Turnkey spends an inordinate amount of time researching the local real estate markets where they are buying properties. Most of the best investments are located in urban areas where prices are depressed and rental markets are strong. In these areas the quality of the neighborhoods can vary considerably within a few square miles. Therefore it is critical that your turnkey specialist have an in-depth knowledge of the market.

2. Home Criteria – Michigan Turnkey only purchases property that meet the criteria listed below. This ensures that the properties are in good structural condition, and that they will make for excellent demand on the rental market.

a. 2-4 Bedrooms
b. 1-2 Bathrooms
c. 700 – 1300 Sq Ft
d. Must Have a Basement
e. No Structural Issues
f. No Water Damage

3. “Green-Hab” Renovations – Each of the properties is fully renovated using the principle of “Green-Habbing”. As it implies, “Green-Habbing” focuses the renovations on using green materials, and providing an energy efficient home. Insulation, windows, sealing air leaks, high efficiency appliances, high efficiency furnaces are all areas of focus when green-habbing a property. The advantages that green-habbing provides are many. The home will require lower heating bills making it desirable for tenants, the home’s value will be increased, tax credits are received for the renovations, and most importantly it’s the right thing to do for the environment.

4. Focus on Return On Investment – Each property must achieve a minimum of a 16% return on investment for the investor purchasing the property. This is realized by having the systems in place to locate the right properties, minimize renovation costs, and ensure rental rates will support the income required by the property to achieve this level of a return.

Through these fundamentals, Michigan Turnkey is providing an excellent opportunity for investors worldwide to invest in a great real estate market. The conditions are right, and the time to invest in Michigan is now. Low housing prices and strong rental markets make for excellent turnkey rental opportunities, and when you couple that with the probability of high appreciation in the Michigan real estate market it’s really a no-brainer to be adding Michigan properties to your portfolio.