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Opportunity of a lifetime
The USA has been the only world superpower for almost thirty years now and in the last year, the world has watched as it began to stumble due to the credit crunch and the economic down turn.
This has led to unbelievable bargains to be had for the astute investor, with some properties around 70-90% below market value!
In partnership with our colleagues in the USA, we can source properties
that are up to 90% cheaper than they were at their peak.
The properties in which we specialise are low priced high yield
investments, and as such are in areas which you as a purchaser may not want to go on holiday.
They do however present excellent investment opportunities.
Typically, they will be detached 2 to 4 bedrooms, set in their
own 'lot' many with a basement, on the outskirts of larger North
American cities. The typical demographic is working class with
below average income, but in areas where there is good
employment growth.
These will rent out to families on AST's or as part of the American Government's section 8 programme.
Massive capital injection into The Detroit Economy
 $50 billion has been allocated for the energy programme.
Chrysler have been awarded $1 billion and are asking for
....another $5 billion.
General Motors have had $13.4 billion dollars and are seeking another
....$16.6 million.
Ford – two years ago had $7 billion.
This brings the total handouts to the auto industry in
....Detroit to $43 billion.
The tenants will in the main be working Americans wanting rental property on a long term basis.
This is because the American government is injecting billions of dollars into Detroit.
Over the last 5 months we have seen average rentals for the types of houses we offer increase from $500 per month to $800 and in some cases $1200 per month so there is very definite growth happening in the Detroit rental market.
Many of the tenants are section 8: A section 8 tenant is approved by the government.
They pay 5% of the rent while the remaining 95% is paid by the government into the property owner's account.
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