Even when you take into consideration the dramatic plunge of real estate values that began in 2008, Novi real estate value has appreciated 28.4% since 2000. The resilience of the Novi market has been one of the driving reasons why investors have been making it a part of their property investment portfolio. Here are some of the top five reasons to buy and hold real estate in Novi when you're expanding your holdings.
After your real estate investing business has been born, it’s time to raise that investment into a wealth-generating force! The first steps are often the hardest: getting your first property, replicating your success, and getting a team together to manage a few properties simultaneously. Once you’ve gotten to this level, your business is still not fully realized. However, you do have a solid foundation. To take it to the next level, you have to do a few things differently. Here are some tips that will help you take your Detroit real estate portfolio to new heights.