Landmark Property Management Group LLC is a full service property management firm with over 50 units of real estate under management, including units managed on behalf of others and units owned and operated on our own account. Our niche is in the profitable management and operation of urban real estate ventures. Falling home values in recent years have provided opportunities for attractive returns on rental real estate in the city of Detroit, Michigan. We appreciate the opportunity to offer you the benefit of our experience, skills and knowledge in the area of investment real estate.
Detroit has a dense concentration of residential real estate that was established during the ascendancy of the city as the world’s automobile manufacturing capitol. Currently there is a large inventory of moderately priced homes on the market due to the prevailing high rate of mortgage foreclosures related to the current economic crisis. However, a disciplined and insightful approach is required in order to take full advantage of the opportunity at hand. Our experience has shown that the best candidates for investment stay on the market for no more than three days before a purchase offer is accepted, and we have refined our real estate acquisition process accordingly.
It is important to identify an acquisition target as soon as possible. We receive updated real estate listings daily via email. Our proprietary investment screening tool segregates the daily listings based on our investment criteria of a 20% minimum annual return on investment including up to $6,000 of initial renovation/repair costs. We can tailor a similar program to help you take advantage of the tremendous investment opportunities in the city of Detroit.