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

Holiday Rail Jam – December 29th, 2019

The Holiday Rail Jam presented by Under Armour 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 the event sponsor.  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.

Things to know:

  • Registration 2 - 3:30 pm in the West Civic Center Lobby at Boyne Mountain. 
  • Entry Fee is $5.00 
  • Rail Jam will begin at 4 pm at a location to be determined
  • Divisions are dependent upon who signs up but rest…

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Sold: 414 Boyne City Avenue Boyne City, MI 49712

MLS: 459746 - $229,000

DOWNTOWN BOYNE CITY! Large 4 unit multifamily investment property is available for sale! Great location in downtown Boyne City! Just a block away are all the shops, restaurants and the marina and the beach is nearby! Could make a great Airbnb property! There are 3 one-bedroom units and one two-bedroom. There is a 2.5 car garage also available for additional storage. (Click here to see all Commercial Real Estate for Sale in Northern Michigan)

Live in one unit and rent the remaining units out! Several units have had recent updates. There is a large fenced in yard your tenants can enjoy. Natural gas has been metered separately. Electric has not. Could easily be metered…

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What Is a NNN (Triple Net Lease)?

A triple net lease (also known as a NNN lease) is a lease agreement in which the tenant or lessee agrees to cover all of the property's expenses, such as real estate taxes, building insurance, and upkeep. These costs are in addition to your rent and utility bills. In ordinary commercial lease arrangements, however, the landlord is usually responsible for some or all of these payments.

Commercial property net leases come in a variety of forms, including NNNs. In a single net lease, tenants must pay property taxes in addition to rent, while a double net lease usually includes property insurance.

Important Takeaways

  • A triple net lease (NNN) requires the tenant to pay all property expenses, including…

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Lake Charlevoix vacation homeIf you value lifestyle in combination with an appreciation profile, there just might be a place in your portfolio for a Northern Michigan vacation home that makes financial sense. Vacation home prices typically lag major market residential rates by 12-36 months.

But with asking prices for Northern Michigan waterfront and ski-proximate real estate up 10 percent to 20 percent this year (based on 24 months sold price per sq ft averages), discounting has not hit our market.

 While the obligations and negative cash flow aspects of ownership can sometimes be burdensome, the numbers still work as illustrated on our Investment Performance page. Now is the time to explore the pluses and minuses of buying a Northern Michigan vacation home property…

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Home to an artsy, outdoorsy community, East Jordan is perhaps best known as the gateway to one of Northern Michigan's coolest wild places: the Jordan River Valley, an 18,000-acre paradise loaded with old-growth forest and the pristine Jordan River.  Because of the area's rich history, the homes for sale in the East Jordan real estate market are typically charming cottages and mature single-family homes, each with its unique perks and varying property sizes.  If you're looking for a home with a little more privacy, it doesn't get much better than right here. Properties here, especially those on large parcels, are hugged by lush patches of woodlands and greenery, which further enhances that feeling of exclusivity and seclusion. 

Harborage…

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Nestled in the space between Lake Charlevoix and Lake Michigan, the city of Charlevoix is home to nearly 2,500 residents. As such, this quiet community enjoys great access to recreation along the lakes and conveniences at the heart of the big city. When it comes to the Charlevoix, MI real estate market, buyers will find that there is a nice selection of single-family homes and condominiums available. Note: We are including five condominium communities in this list that are actually on Round Lake, technically not Lake Charlevoix, but they are connected so it made sense to do so to us.  Charlevoix condominiums for sale are some of the most sought-after real estate options in Northern Michigan.  

Edgewater Inn Condominiums in downtown…

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Boyne City is the epitome of a charming Northern Michigan town; where familiarity runs deep and waves exchanged by those passing by.  With roots that date back as far as 1856, Boyne City has always been cherished for its small-town allure and relaxed way of life.  

Surrounded by the peace and tranquility of nature, friendly locals, waterfront wonders, and endless nature trails to explore, Boyne City might be just the rural paradise you're looking for. 

Traditional communities, all built within the last several decades, woven together with a lovely little downtown area that residents adore.  For these reasons, it's no surprise that Boyne City real estate attracts all types of buyers, from young professionals to families to retirees. 

It's easy…

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There's a reason this beautiful Northern Michigan lake placed second only to Lake Tahoe in USA Today's readers poll of America's best lakes.  A boat tour of Lake Charlevoix will not only give you a beautiful day on the water but access to three of the Northern Michigans best small towns;

  • Boyne City, at the eastern edge of the North arm, has seven condominium complexes located directly on Lake Charlevoix. (Click here to learn more about Boyne City, Michigan Lake Charlevoix Condominium Investment opportunities)

  • Charlevoix, on the lakes western edge, has two condominium complexes located directly on Lake Charlevoix. (Click here to learn more about Charlevoix, Michigan Lake Charlevoix Condominium Investment opportunities)

  • East Jordan, at…

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For more than 90 years, the Belvedere Golf Club in Charlevoix has been a historic landmark in Northern Michigan, and this summer the club, members, and local officials paid tribute to that history with a re-dedication ceremony.

The event recognized the recent restoration work done to the William Watson-designed course, a project which made use of the original lost plans that were found last summer during the demolishment of an old building in Charlevoix. While aerial photos existed from the late 1930s, there was no actual documentation of the original parkland design with its classic flowing fairways, strategic bunkers, and subtle greens.

More than 125 members of the golf club and Belvedere Club gathered and celebrated the history…

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SOLD: 1049 Ridgeline Boyne Falls, MI 49713 - $839,900
MLS: 457981 - Boyne Mountain Estate Sold for $775,000

This custom log home is perfectly located in the Mountain Club at Boyne Mountain Resort and overlooks Deer Lake. The home has been meticulously maintained and no detail was missed when building this beautiful home. The property offers an open floor plan perfect for entertaining family and friends and includes four bedrooms, three and one baths and a finished lower level with a family room and wetbar. (Click here to see Northern Michigan's finest collection of Boyne Mountain vacation rentals)

The home is perfect for the ski and golf enthusiast. Plenty of storage throughout the home and a 3 car garage. Truly a must see!Measurements believed to be…

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