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

 

Did you know you can defer taxes on the sale of your investment or business-use property? It’s called a 1031 exchange, and it could save you a bundle if you’re planning on selling. (Click here to see all Northern Michigan Waterfront Lifestyle Homes for Sale)

Internal Revenue Code 1031 allows an owner to sell their investment or business-use real estate property and use the sales proceeds to purchase a replacement property of like kind without a tax on the profit.

If that isn’t enough, 1031 exchanges are an advantageous way to diversify your assets, improve returns on your investments or just free up more capital for future investments. (Click here to see all Lake Charlevoix Homes for Sale)

But the IRS rules for 1031 exchanges are…

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SOLD: 01352 Powder Ridge Dr # 39 Boyne City, MI 49712

MLS# 455181 - $415,000

Sold fully furnished, this 4 bedroom mountain cabin at Boyne Mountain Resort is a gorgeous rustic property. Features include high-definition televisions, granite counters in the kitchen, a private hot tub, and tiled flooring. (Click here to see Northern Michigan's finest collection of Boyne Mountain vacation rentals)

This Mountain Cabin investment property generates a very solid rental income. (Click here to see all Boyne Mountain 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 memories that endure for their…

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Explore World-Class Walloon Lake in Northern Michigan

Walloon Lake is located within the Little Traverse Bay Watershed and empties into Lake Michigan via the Bear River. (Click here to see all Walloon Lake, Michigan Homes for Sale) Walloon Lake is considered an outstanding ecological, aesthetic, and recreational resource. Rolling glacial terrain surrounds its deep waters, including its five distinct depressions or basins:

  • Foot – 94 ft.
  • Mud Lake – 14 ft.
  • West Arm – 100 ft.
  • North Arm – 52 ft.
  • Wildwood – 80 ft.

The lake and its watershed are located in Bay, Evangeline, and Melrose townships of Charlevoix County; and Bear Creek and Resort Townships of Emmet County. The lake has a relatively small watershed (22,650 acres)…

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We have all been there:  We enjoy a great vacation in a beautiful destination and are smitten by life there. 

We imagine what it might be like if a vacation home was ours and start picking up local real estate brochures and searching online for sale listings.  Pretty soon, conversations with a realtor could be occurring, and you begin you wonder if this dream is realty or pie in the sky.  The idea of owning your own place in a ski town that your family loves just seems like the perfect next step. (Click here to see all Northern Michigan Ski Lifestyle Homes for Sale)

Ski vacation homes, like in Boyne Mountain Resort, are no different than the pattern we see with other vacation homes.  They tend to be located in great ski towns that are fun in…

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Investing in Northern Michigan real estate is one of the smartest money moves you can make. Whether you are investing in a single-family home for yourself or to use as a rental property or buying multi-family residential property, it’s a stable and safe investment. (Click here to see Northern Michigan's finest collection of vacation rentals)

It’s a smart move to plan for retirement using a mix of different investments, including real estate.

Unlike investing in the stock market, investing in real estate means you always have the physical asset to show for your expenses. Real estate investing for beginners might seem overwhelming, but it doesn’t have to be. Keep reading for 7 tips to help get you started.  (Click here to see all…

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Gorgeous Luxury Condominiums on Walloon Lake

The Shores on Walloon Lake is a collection of only six spacious custom cottages in Walloon Lake Village. Each has a westward panorama and is but a few steps from the water and your dock. The design and workmanship of each are beyond all requirements and most expectations. The plan is based on great respect for the past and appreciation of the natural grandeur of our Walloon. Through uncomplicated and maintenance-free living, The Shores allow you to reside in harmony with the village and the lake. Every outside maintenance task—including your dock—is taken care of. Never rake, shovel, sweep, cut, plant, prune, clean, or wash! (Click here to see all Walloon Lake, Michigan Homes for Sale)

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This article summarizes some key Michigan landlord-tenant laws applicable to residential rental units.

The Official State Statutes and other reputable municipal sources were used to research this information. All sources are cited appropriately.

With that said, landlord-tenant laws are always changing, and may even vary from county to county.  You have a responsibility to perform your own research and cautiously apply the laws to your unique situation.

If you have a legal question or concern, I only recommend contacting a licensed attorney referral service that is operated by the State Bar of Michigan. This article is not intended to be exhaustive or a substitute for qualified legal advice. (Click here to see Northern Michigan's…

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What Are Michigan's Most Expensive Lakes?

With more than 11,000 inland lakes and their entire shape defined by the Great Lakes, Michigan is a hot spot for lakefront real estate. A recent report from LakeHomes.com, a multi-state brokerage, and real estate database, offers some insight into where the priciest lakefront real estate is found in Michigan. To compile its quarterly Lake Market Report, LakeHomes.com pulled MLS data to find the average listing price for all for-sale homes in each market on Sept. 1, 2018. The top 10 most expensive lakes for lakefront homes in Michigan are listed below, ordered from the least expensive lake to the most expensive lake at No. 1.  (Click here to see all Northern Michigan Waterfront Lifestyle Homes for…

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Breakers East condos are located on the shore of Little Traverse Bay. This is one of the finest waterfront condo communities in Harbor Springs.

This neighborhood makes one of think of east coast homes with their cedar shake exteriors. However, the waterfront setting is what really makes this environment special.

The Breakers East neighborhood has an estate-type feel to them despite being condominiums.

These condominiums also have spacious lofts which are great for the kids to escape to.

Gourmet kitchens dominate the real estate market in the Breakers East neighborhood.

Master bedrooms typically have waterfront views, walk-in closets, and ensuite bathrooms.

The dining…

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Holiday Rail Jam – December 29th, 2019

The Holiday Rail Jam is open to all skiers and snowboarders who want to "lay it on the line" and show us what you got.  This is a judged event and top finishers will walk away with some great prizes like Boyne gift cards and SWAG from Under Armor.  The rail jam will be a fast-moving competition with music, announcer, and various divisions based on the number of entrants.  Spectators are welcome so come on out and get ready for a great show.

Stuff you need to know:

  • Registration noon - 1:30 pm in near the entrance to the cafeteria at Boyne Highlands
  • The entry Fee is $5.00
  • Rail Jam will begin at 2 pm, location to be determined 
  • Divisions are dependent upon who signs up but rest assured there will be…

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