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

SOLD: 1 Water Street, Cottage 8, Boyne City, MI 49712 - $890,000 
MLS: 463726 - Brook Walsh sells Boyne City, MI Resort Cottages condo 

The Resort Cottages at One Water street sits on the shore of Lake Charlevoix in the heart of Boyne City. Featuring 9 waterfront condos, they offer the convenience of being within walking distance of almost everything downtown. The Marina docks out in front will have 45' 60', and 80' slips available to Resort Cottage buyers for an additional fee. Don't miss out of this great opportunity for low maintenance, high end living in Boyne City! (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…

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With beautiful Lake Charlevoix out your front door, this unique opportunity is just as ideal for the culture seeker and foodie as it is for the outdoor enthusiast.  Spend your time enjoying Boyne City’s top-ranking restaurants, art galleries, and excellent retail stores.  Walk to downtown events such as up north’s best farmers market, Stroll the Streets, gazebo concerts, festivals, and parades.

The Resort Cottage condos can are all three-bedroom condos, overlook Lake Charlevoix, and many have a 45ft boat slip. There are nine units at The Resort Cottages. 

The Resort Cottages neighborhood is well known for its private marina, similar to the Harborage neighborhood, and each owner has usually has a private boat slip.

These condos are…

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Introducing Lake Charlevoix Where Lake Living is Elevated to an Art

During his exploration of the Great Lakes, home to the native Ottawa people, French explorer Pierre Francois de Charlevoix happened upon this area in the 1850s and while conflict and strife was constant as a result of competing settlers, the area ultimately found balance and progress, especially when the Pine River Channel was dredged in 1869 that connected what is now Lake Charlevoix to Lakes Michigan and Round Lake. (Click here to see Northern Michigan's finest collection of Lake Charlevoix vacation rentals)

Lumber became the region’s claim to fame and by the early 20th century, cruise ships began docking at the town’s piers. Prohibition spurred a burgeoning gambling industry…

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What Exactly Is an Asset?

A resource with the economic worth that an individual, corporation, or country possesses or controls with the hope of future gain is referred to as an asset. Assets are bought or developed to raise a company's value or benefit its operations, and they are reported on the balance sheet. Whether it's manufacturing equipment or a patent, an asset can be looked at as something that can create cash flow, cut expenses, or increase sales in the future.

Important takeaways

  • A resource with the economic worth that an individual, corporation, or country possesses or controls with the hope of future gain is referred to as an asset.
  • Assets are bought or developed to raise a company's value or benefit its operations, and…

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​On a gentle promontory of Lake Charlevoix's south shore, lies Sommerset Pointe Lake Charlevoix, an intimate and exclusive waterfront destination in Northern Michigan.  Sommerset Pointe's spectacular setting blends an authentic maritime atmosphere with all of the contemporary amenities that you have come to expect.  Located just west of Boyne City, its convenient location is ideal for a weekend getaway, with small-town events only minutes away. (Click here to see all Sommerset Pointe Villas in Boyne City, MI for Sale)

Available in two layouts: 2,195 square-foot, 3-bed, 2-bath single-floor lower unit and a 3,700 square-foot, 2-story upper unit with 4-bed, 4-bath. Both include an attached 2-car garage and spacious walkout patio overlooking Lake…

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SOLD: 1050 Stroud Court Charlevoix, MI 49720 - $99,000
MLS: 463046 - Gorgeous lot sold in the C&O Club 

C & O Club lot with water access. The lot has mixed trees and a view of Lake Charlevoix. You have access to 150 feet of common sandy frontage on Lake Charlevoix. Great location to downtown where you can bike or walk to many shops and restaurants. A great spot to build your dream home. (Click here to see all Charlevoix, Michigan Homes for Sale)

Please contact Brook Walsh for help with your Charlevoix real estate search at brook@nmescapes.com, or call (231) 459-3179 for a showing today!

 

Focused on Northern Michigan Investment Real Estate

Brook is focused on lifestyle real estate investment properties as most people want a…

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A commercial real estate loan is not the same as a home loan.

Commercial real estate (CRE) is an income-producing property that is only used for business reasons (rather than residential). Retail malls, shopping centers, office buildings and complexes, and hotels are all examples. Commercial real estate loans are used to finance the acquisition, development, and construction of these properties. These loans are secured by liens on the commercial property.

What is the definition of a commercial real estate loan?

Commercial real estate loans are made by banks and independent lenders in the same way that home mortgages are. Commercial real estate is also financed by insurance companies, pension funds, private investors, and other sources, including…

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SOLD: 02787 Zermatt Lane Boyne City, MI 49712 - $808,000
MLS: 453930 - Ski In/Ski Out Boyne Mountain Home in Exclusive Gated Community Sells

The Alpine House has it all! This beautiful 4-bedroom private home located in the gated community at Boyne Mountain provides an abundance of gathering space and seating areas for your entire group and is TRULY only STEPS away from the Alpine chairlift (the skiway that runs under the lift). You can sit in the living room and watch the chairlift pass by. (Click here to see all Boyne Mountain Homes for Sale)

Please contact Brook Walsh for help with your Boyne Mountain real estate at brook@aboderealestate.com, or call (231) 459-3179 for a showing today!

 

Focused on Northern Michigan Investment Real…

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What Is Depreciation and How Does It Work?

Depreciation is an accounting method for allocating the cost of a tangible or physical asset over its usable life or expected life. Depreciation is a term used to describe how much of an asset's worth has been used. Depreciating assets allows businesses to generate revenue while depreciating a percentage of the asset's cost each year it is in use. Depreciation can have a significant impact on a company's profitability if it is not taken into consideration. Long-term investments can also be depreciated for tax and accounting purposes.

important takeaways

  • The cost of using a tangible item is tied to the benefit gained over its useful life through depreciation.
  • Depreciation can take numerous forms,…

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SOLD: 02569 Disciples Court Boyne Falls, MI 49713 - $485,000
MLS: 463271 - Ski In/Ski Out Boyne Mountain Resort Disciples Village Condominium for Sale

Ski home after a long day on the slopes with this cozy ski-in/ski-out condo located in Disciples Village. Approximately 100 yards from the Disciples Ridge chair lift, this cozy atmosphere is great for families and ski groups. (Click here to see all Boyne Mountain Homes for Sale)

This unique condo features two kitchens and two living areas, including a great kids area with table and chairs for the younger family members, along with 4 bedrooms and 4 bathrooms. The unit had all new mattress installed 2020! The master suite has a king bed; the 2nd bedroom has 2 queen beds and a 3rd Bedroom/loft with 2…

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