This is blog for real estate investing articles. Welcome to our Northern Michigan real estate investing blog! We provide valuable insights and tips for both novice and experienced investors on how to build a successful real estate portfolio. From identifying profitable properties to managing rental income, we cover a range of topics to help you make informed decisions and maximize your returns. Join our community of like-minded investors and stay updated on the latest trends in the real estate industry.

"Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world." - Franklin D. Roosevelt

What is a luxury lifestyle and what does it look like? What makes a home luxurious? These are all questions that house hunters may ask themselves when shopping for the perfect home to suit their lifestyle needs. These are difficult questions to figure out easily, as the answers can be subjective and unclear. The luxury lifestyle is all about living your best life and spending your valuable time on the things you love. A life where you can pursue your interests and grow your talents with ease of mind, and spend time doing the things you have always wanted to do and doing them with the ones you love. A life where you can treat yourself and indulge in the finer things of life with all the amenities you could dream of at your fingertips. (Click here to…

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01992 Morning Dove Boyne Falls, MI 49713 - $435,000

MLS: 457335 - Disciples Village Ski In/Ski Out Condo Sale at Boyne Mountain Resort

“SKI-IN/SKI-OUT” is the best-priced slope side Disciple’s condo available for sale at Boyne Mountain Resort with the upper unit with 3 bedrooms and 3 baths and the lower private owners unit has an additional 1 bedroom suite complete with an additional kitchen and living area. This condo is located on Boyneland Ski Run, your family and friends can enjoy skiing/snowboarding conveniently from your condo while others can watch all the ski activities from the comfort of your living room. (Click here to see all Boyne Mountain Homes for Sale)      

(Click here to see Northern Michigan's finest collection of…

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An excellent location for true boaters who enjoy activities on Lake Charlevoix as well as day trips to Lake Michigan and the world beyond. Amenities include Pine Lake Club swimming pool and changing rooms, deep water marina, and two tennis courts. The association also owns a nature preserve to the south, equaling 40 acres. The homeowners each own 3.6% of this preserve. (Click here to see all Charlevoix, Michigan Homes for Sale)

The outdoor pool area is a real joy as the pool is heated and overlooks Lake Charlevoix. (Click here to see Northern Michigan's finest collection of Charlevoix, MI vacation rentals)

Gourmet kitchens abound at Pine Lake Club neighborhood, an upscale condominium community on the shores of Lake Charlevoix.

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East Jordan With Canadian vibes in the winter and hints of Maine coastal scenes in the spring and summer, East Jordan, Michigan is a small, but highly rated 4-season destination. Located just 15 miles south of Charlevoix, East Jordan is aptly named for the Jordan River, which meets with this lake. East Jordan offers a myriad of things to do, most notably outdoor things, that will keep anyone satisfied no matter their reason or expectations while visiting. Drive up to northern Michigan, and you'll find this little yet exciting town just miles away from Lake Michigan. With plenty of options to eat out, live and vibrant events to attend during the summer and year-round activities truly unique to the area, East Jordan…

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SOLD: 549 Bay Street Boyne City, MI 49712 - $1,390,000
MLS: 443457 - Modern Home Sold on Lake Charlevoix in Boyne City, Michigan

This Lake Charlevoix contemporary exemplifies the Northern Michigan Lifestyle: Soaring windows overlooking the lake, gourmet kitchen, great entertaining indoors & out, wet bar, 3 fireplaces, wine cellar, 5 bedrooms, 3.5 baths, expansive vinyl decking & an outdoor kitchen/grilling. Enjoy a midnight rendezvous at the waterside hot tub or sunbathe on your private deck off the master bedroom. Treat yourself to a spa day in the master suite. Finishing off this package is a deep water dock for a 50-foot vessel. (Click here to see all Lake Charlevoix Homes for Sale)

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Boyne City is located in Charlevoix Country in the state of Michigan. It is a small city with a big heart. A lot of the activities and businesses in Boyne City are linked to the beautiful Lake Charlevoix, which has 60 miles of shoreline. From the spectacular Fourth of July celebrations to bustling downtown shops, this city has a lot to offer to visitors and residents. (Click here to see all Boyne City, Michigan Homes for Sale)

There are activities for all ages and all seasons. The fun never stops in this town. Here is a guide for first-timers to Boyne City, MI:

A Brief History of Boyne City, MI 

Boyne City was established in 1856. It was known as Boyne at the time. In 1904, the name was changed to Boyne City. John and Harriet Miller,…

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SOLD: 200 Industrial Park Way Boyne City, MI 49712
MLS# 461530 - $250,000

This Boyne City commercial building is of the highest quality with steel frame construction and a 2-inch water main. This investment property generates a very solid rental income.  (Click here to see all Northern Michigan Commercial Properties for Sale)

Please contact Brook Walsh for help selling your commercial property brook@nmescapes.com, www.brookwalsh.com  or (231) 459-3179 for a showing today!

Click here to see all Boyne City, Michigan Homes for Sale)

Focused on Northern Michigan Investment Real Estate

Brook is focused on lifestyle real estate investment properties as most people want a vacation home to make lifelong…

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Birchwood Farms Golf & Country Club is a residential community of distinctive homes, condominiums and building sites (lots). Property ownership is a prerequisite for Full/Golf Membership. (Click here to see all Harbor Springs, Michigan Homes for Sale)

Birchwood Farms is a large country club and resort neighborhood located 3.6 miles north of Harbor Springs off of M-119. Spread across the 1,600-acre development are 27 holes of golf, heated pools, tennis courts, hundreds of homes, and during the winter 8.5 kilometers of ski trails groomed for classic skiing. This is golf course skiing but the rolling nature of the terrain and the woods that surround much of the complex makes the skiing much more interesting than is normally associated with fairway…

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SOLD: 02212 Boyneland Dr Boyne Falls, MI 49713
MLS# 455180 - $599,000 - SOLD FOR $700,000!!! An All-Time Record

Sold fully furnished, this 5 bedroom disciples village condo at Boyne Mountain Resort is a gorgeous ski-in/ski-out. Features include high-definition televisions, granite counters in the kitchen, a private ski area, and tiled flooring. Boyne Mountain Resorts gated ski-in/ski-out preserve for distinguished homes in an expansive tract of mature woodland. Edelweiss Club is the preferred locale for a seasonal retreat or a year-round home. This investment property generated a very solid rental income. Click here to see all Boyne Mountain Homes for Sale)

Focused on Northern Michigan Investment Real Estate

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Capitalization rate (also known as cap rate) is the rate of return on a commercial real estate investment.

While cap rate does not consider the impact of mortgage financing, a general rule of thumb is whether the cap rate is above or below the interest rate. If the cap rate is greater than the interest rate, you’ll generally come out ahead. If the cap rate is lower than the interest rate, you’ll be relying on appreciation for your return, making it a riskier speculative investment.

How to calculate cap rate

The formula for cap rate is simple: income, fewer expenses, divided by the purchase price.

On a long-term rental, multiply the monthly rental rate by the number of months per year you expect the property to be rented. In areas with…

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