Real Estate Investing: 4 Big Rookie Mistakes Exposed + 3 Proven Fixes

Investing in real estate can feel like striking gold—provided you know where to dig. Real Estate Investing is a powerful wealth-building tool, but many beginners stumble at the same four hurdles. 

1. Ignoring Market Research

Ignoring Market Research

Skimping on market research is like setting sail without a compass—you’ll drift. New investors often rush to buy the first “bargain” they spot, only to discover later that demand is weak or property values are stagnant.

1.1 Failing to Analyze Neighborhood Trends

Every neighborhood has its own rhythm—schools, crime rates, new developments, and demographic shifts all matter. Rookie investors often look at a property in isolation. Without…

1165 Views, 0 Comments

Read Full Post

In a hurry to sell your Northern Michigan property? Most families know that conducting a few renovations is optimal for selling a home quickly and for the above market expectations. But knowing which changes to make is where many of us feel at a loss. To save you time and money, we’ve put together a checklist of the house renovations that you should prioritize. These are the most consistent and easiest to implement tasks that can significantly drive up the allure of most properties. (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

Your real estate agent will be responsible for marketing your home, but you can also take a few steps to make your home one of the most desirable in the Northern Michigan real estate…

993 Views, 0 Comments

Read Full Post

SOLD: 02611 L-642 Condo Loop Boyne Falls, MI 49713 - $250,000
MLS: 453376 - Mountain Villa Condo at Boyne Mountain Resort Sold

Boyne Mountain 3 bedroom+Loft, 3 Bath unit in the "L" building at the foot of the ski slopes. (Click here to see all Boyne Mountain Homes for Sale)

Brook attributes his professional network and state-of-the-art real estate marketing to be the biggest factor that made the home sell so quickly, in addition to the already high demand for homes in the area. As soon as the listing was taken live, it was promptly syndicated globally and domestically and to all major search engines. Not only was it easily discoverable, but it was also sent directly to potential buyers who have requested to have automatic notifications…

484 Views, 0 Comments

Read Full Post

5 Amazing Benefits Smart Home Technology Can Provide To Your Northern Michigan Home

Introduction to Smart Home Technology in Northern Michigan

Northern Michigan homes are unique: they face cold winters, humid summers, and the occasional lake-effect snow. By integrating smart home technology early on, you’ll not only stay cozy but also keep costs down. In this article, we’ll explore five amazing benefits that modern smart systems bring to lakeside cottages and wooded retreats alike.

Benefit 1: Incredible Energy Efficiency

Benefit 1: Incredible Energy Efficiency

In Northern Michigan, heating and cooling can account for up to 50% of your energy bill. With the rise of smart home technology, you can shrink that number substantially.

Smart Thermostats and Climate Control

…

1729 Views, 0 Comments

Read Full Post

One of the best uses of a limited liability company (LLC) is a vehicle for families to pool their money together to invest alongside one another. The benefits of a family pooling their money through a limited liability company come mostly from the power of an LLC operating agreement. The family LLC can invest in everything from stocks, bonds, and real estate to mutual funds and start-up businesses. (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

LLC Operating Agreement 
An LLC operating agreement can be written with all kinds of provisions. For example, the operating agreement could forbid individual family members from selling their shares of the limited liability company without the permission of all other…

2217 Views, 0 Comments

Read Full Post

Essential Guide to Delaware Limited Liability Company Basics (2025 Update)

Discover the key aspects of forming a Delaware Limited Liability Company. Learn about structure, taxes, legal benefits, and expert tips in this essential 2024 guide.

Introduction to Delaware LLCs

Introduction to Delaware LLCs

What is a Delaware LLC?

A Delaware Limited Liability Company (LLC) is a flexible business entity that combines the liability protection of a corporation with the operational ease of a partnership. It’s governed by an agreement among its members (owners) and provides personal asset protection, making it one of the most popular structures in the United States.

Why Choose Delaware for Your LLC?

Delaware is widely known as the gold standard for business…

1673 Views, 0 Comments

Read Full Post


All limited liability companies (LLCs), are typically governed by a contract that the investors sign amongst themselves. This contract is known as an LLC operating agreement. The agreement has fairly standard terms, and you can easily find a template by searching for one online. (Click here to see Northern Michigan's finest collection of vacation rentals

When to Use an LLC Operating Agreement 

You would use the LLC operating agreement when starting a new LLC to define its operations. If you already have an LLC set up, an operating agreement allows you to outline information about its operations.

In practice and theory, an LLC operating agreement is essentially the same as the limited partnership agreement…

1910 Views, 0 Comments

Read Full Post

In recent years, limited liability companies, or LLCs as they are frequently known, have become one of the most popular ways for investors to structure their holdings, beating out the formerly more popular limited partnership. From families pooling their money together to Fortune 500 corporations that have subsidiaries, you may have directly or indirectly invested in an LLC without knowing it. This overview was designed to help you understand what LLCs are, why investors use them, and some of the factors you may want to take into consideration before you form an LLC or invest in one.  (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

The Potential Benefits to Using a Limited Liability Company 

…

1002 Views, 0 Comments

Read Full Post

It was a very busy and exciting time for Brook Walsh, NorthernMichiganEscapes.com founder and Broker. Brook toured a wonderful family around Boyne City and East Jordan as they looked for Lake Charlevoix waterfront property. (Click here to see all Lake Charlevoix Homes for Sale)

The clients were somewhat hesitant to take on a second home as they led quite busy lives and wouldn't be using for the next few years. Brook explained the lifecycle of ownership based services Northern Michigan Escapes provides for their clients and that gave them the peace of mind to make such a considerable investment. How did it turn out after a little more than a year, read their heartwarming client testimonial? (Click here to see all Northern Michigan Waterfront…

1087 Views, 0 Comments

Read Full Post

It was a very busy and exciting time for Brook Walsh, Northern Michigan Escapes founder, and Broker. Brook toured a wonderful family around Boyne City and East Jordan as they looked for Lake Charlevoix waterfront property. The clients were somewhat hesitant to take on a second home as they led quite busy lives and wouldn't be using the home for the next few years. Brook explained the lifecycle of ownership-based services Northern Michigan Escapes provides for their clients and that gave them the peace of mind to make such a considerable investment. How did it turn out after a little more than a year, read their heartwarming client testimonial? (Click here to see Northern Michigan's finest collection of vacation rentals)

SOLD: 1 Water Street #9…

541 Views, 0 Comments

Read Full Post