Real Estate Information Archive

16 2BR-2B Apartments in Ypsilanti

We just posted a new listing of interest to any interested investors.  Easy to care for complex in great shape that we highly recommend.  Located at 1180 E. Cross Street, Ypsilanti, MI and is an asset that will surely go quickly so don't delay in contacting us if you are interested.  

For Sale: Well maintained, under rented apartment complex for sale.  New "Lifetime Roof" by Mr Roof. Most units updated, some completed renovated with floor plan updates.  Units have own gas fired furnaces paid by tenant with wall AC units.  Two buildings of 8 units each.  Each building has common coin op laundry with tenant storage lockers.  Multiple offers.  Three op statements have been linked here for your review.  Note they are organized as current, mid range and future goal for full market rents since these units are vasty under rented due to long term ownership.  

Call asap for status.  SEE VIDEO BELOW OR MORE PHOTOS AT THIS LINK

Watch Video for More Info

Tom Stachler is a state licensed broker for over 30 years with expertise in income property sales and management.  Also favors residential Home and condo sales in the Saline, Ypsilanti, Ann Ar bor real estate markets.  Reach out to us if you need a REALTOR agent to help with any realty issue or question and goal.  This property is located at 1180-1198 E Cross St, Ypsilanti Michigan

Did you know that you can get an 11% rebate on your purchases from Lowes, Home Depot and Menards?  

Check out the Links below to submit your sales slips for your monthly rebates.  I think the practice started when Menards started offering the 11% rebates and so the other two big box stores felt they had to compete.  However the later two do not advertise this practice and only seem to provide you with the link when confronted with the Menards shopping option and their desire to compete.  

https://www.homedepotrebates11percent.com/#/home

https://www.lowes.com/l/help/rebate-center

As a trusted real estate broker with over 30 years of experience in the Saline, Michigan community, I'm dedicated to providing a professional and stress-free experience for those looking to sell or purchase real estate. Hellow, my name is Tom Stachler and thank you for your review herein. Please check out our website and we look forward to hearing from you.

At Real Estate One, we are the largest realty broker in the state of Michigan or #8 in the country and we specialize in a wide range of properties, including homes, condos, income properties, and commercial properties. Our extensive market knowledge and expertise in the local area allow us to effectively market your property and ensure a smooth and successful transaction. Tom is a experienced property manager and retired builder that can use these additional skills and experience to help get your project ready for market or provided a network of resources for improvements after the closing.

Our top priority is to help our clients reach their real estate goals, whether they're looking to sell their current Home, purchase a new one, or invest in income properties. We understand the importance of open communication and will work closely with you throughout the entire process to ensure that your needs and expectations are met. Our slogan is "We Go Beyond" and welcome and opportunity to share this life event with you.

We pride ourselves on our commitment to excellence and strive to provide the highest level of customer satisfaction. With our extensive network and local market knowledge, we are confident that we can find the perfect property for you.

Don't let the stress of selling or purchasing real estate get to you. Let us help make the process as seamless and enjoyable as possible. Contact us today to learn more about how we can help you achieve your real estate goals.

Have a great day!

As a real estate broker, I often get asked about the different types of investment and commercial properties available in the market. To help my clients make informed decisions, I've put together a quick overview of some of the most popular options, as well as a simple explanation of three key metrics used to evaluate real estate investments: Gross Rent Multiplier (GRM), Capitalization Rate (Cap Rate), and Return on Investment (ROI).

1. Office Buildings: These listings are typically leased out to office tenants, and are commonly found in central business districts.

2. Retail Properties: Retail properties can be anything from strip malls to large shopping centers, and are leased out to retail tenants.

3. Industrial Properties: These properties are used for manufacturing, warehousing, or distribution and are typically larger than other types of commercial properties.

4. Income Properties: These properties are made up of several units that are rented out to individual tenants.

GRM is calculated by dividing the property's price by its annual rental income. It provides a quick way to compare similar properties, and helps to identify properties that are over or undervalued.

Cap Rate is calculated by dividing the property's net operating income by its purchase price. It provides a snapshot of the property's expected return on investment, and helps investors to determine whether a property is a good investment opportunity.

ROI, or Return on Investment, is a metric that measures the performance of an investment. It is calculated by dividing the investment's net profit by its cost, and is expressed as a percentage. It provides a clear picture of how much an investment has earned relative to its cost, and is a useful tool for comparing different investment options.

Understanding these metrics is crucial for making informed decisions when investing in commercial properties. As always, it's important to consult with a knowledgeable real estate professional to ensure you make the right choices for your investment portfolio.

In conclusion, as a real estate broker with 30 years of experience, I bring a wealth of knowledge and expertise to the table. My experience as a property manager has given me a deep understanding of the complexities of commercial properties, and I use this knowledge to help my clients make informed decisions when selling or purchasing properties. I have a proven track record of successfully navigating the real estate market, and I have the skills and resources necessary to help my clients achieve their goals. Whether you're looking to sell a commercial property, purchase a new investment, or simply need advice on the current market, I am here to help. With my extensive experience and comprehensive knowledge of the industry, I can provide you with the guidance and support you need to make informed decisions and achieve your goals.

"Why Income Property is a Good Investment in Saline, Michigan by Tom Stachler, Real Estate Broker"

As a real estate broker in the Saline, Michigan area, I am often asked about the best investment options for those looking to grow their wealth. While there are many different types of investments, income property is a smart choice for those who want to generate consistent income and potentially enjoy long-term appreciation. Here are just a few reasons why income property is a good investment in Saline, Ypsilanti and Ann Arbor markets.

1. Generates consistent income: Income property, such as rental properties or commercial properties, generates income from Rent or leases. This provides a consistent source of income that can help to offset other expenses and provide a stable financial foundation.

2. Potential for appreciation: Over time, property values in the Saline area are likely to increase, providing potential for appreciation on your investment. In addition, income property may also generate income through rent increases, helping to increase the overall value of your investment.

3. Tax benefits: Owning income property in the Saline/Ann Arbor can provide a number of tax benefits, such as deductions for expenses related to the property and depreciation. These tax benefits can reduce your overall tax liability and help to maximize the return on your investment.

4. Diversification: Diversifying your investment portfolio is an important strategy for managing risk. Adding income property to your portfolio can help to diversify your investment portfolio, reducing your overall risk.

5. Potential for passive income: While owning income property does require some work, such as finding tenants and managing the property, it has the potential to generate passive income. This means you can enjoy the benefits of owning income property without having to work for it.

In conclusion, owning income property in Saline, Michigan can provide a number of financial benefits, including consistent income, potential for appreciation, tax benefits, diversification, and the potential for passive income. If you have any questions or need help finding income property in the Saline area, don't hesitate to contact me. We have income analysis field sheets to help you organize the numbers and the rate of return etc

"Saving Energy and Money with High-Tech Solar and Wind Power Home Improvements in Saline, Michigan by Tom Stachler, Real Estate Broker"

As a real estate broker in the Saline, Michigan area, I often receive questions about home improvements that can save homeowners money on their energy bills. With the advancements in renewable energy technology, solar and wind power have become increasingly popular and affordable options for homeowners. Here's what you need to know about high-tech solar and wind power home improvements in Washtenaw county.

1. Solar panels: Solar panels are a great way to reduce your energy bills by generating electricity from the sun. With the advancements in solar panel technology, they are now more efficient and affordable than ever before. Installing a solar panel system can greatly reduce your energy costs and even allow you to sell excess electricity back to the grid.

2. Wind turbines: If you have a large property in Saline, a wind turbine can be a great way to generate electricity from the wind. While wind turbines have traditionally been large and expensive, advances in technology have made them more accessible for homeowners. A wind turbine can generate enough electricity to power your entire home and even sell excess electricity back to the grid.

3. Energy storage systems: Energy storage systems, from companies such as Tesla who make battery banks, are essential for homeowners who want to generate electricity from renewable sources. They store excess energy generated by solar panels or wind turbines for use when it's needed, reducing the amount of electricity you need to purchase from the grid.

4. Smart home systems: Smart home systems, such as smart thermostats, can help you manage your energy usage more efficiently. They allow you to control your home's temperature, lighting, and appliances from your phone, reducing your energy usage and saving you money on your bills.

5. Green roofing: Green roofing, or the installation of plants and vegetation on a building's roof, can provide insulation and reduce your home's energy usage. In addition to saving you money on your energy bills, green roofing also provides a number of environmental benefits, such as reducing stormwater runoff and improving air quality.

By implementing these high-tech solar and wind power home improvements, Saline and Ann Arbor homeowners can save money on their energy bills while reducing their impact on the environment. If you have any questions or need help finding a professional to assist with these upgrades, don't hesitate to contact me.

"Maximizing Energy Efficiency in Your Saline, Michigan Real Estate Property by Tom Stachler, Realty Broker"

As a realty broker in the Saline, Michigan area, I often advise homeowners on ways to save money on their energy bills. Improving energy efficiency in your Home not only saves you money, but also helps the environment and can increase the value of your property. Here are some simple steps you can take to maximize energy efficiency in your Saline home.

1. Insulate your home: Adding insulation to your walls, attic, and floors can help keep warm air in during the winter and cool air in during the summer, reducing your energy costs.

2. Upgrade to Energy Star appliances: Replacing your old appliances with Energy Star-rated ones can greatly reduce your energy usage and save you money on your monthly bills.

3. Install a programmable thermostat: A programmable thermostat allows you to set your home's temperature at different times of the day, ensuring you're only using energy when you need it.

4. Seal air leaks: Check for air leaks around doors, windows, and electrical outlets, and use caulk or weather stripping to seal them. This can prevent heated or cooled air from escaping and reduce your energy costs.

5. Replace old windows: Old, single-paned windows can let a lot of heat escape in the winter and let heat in during the summer, driving up your energy costs. Replacing them with energy-efficient windows can save you money and improve the comfort of your home.

6. Switch to LED light bulbs: LED light bulbs use far less energy than traditional incandescent bulbs and last much longer, saving you money on your energy bills and reducing your impact on the environment.

7. Upgrade to a high-efficiency HVAC system: A high-efficiency heating and cooling system can greatly reduce your energy usage, saving you money and improving the comfort of your home.

By implementing these simple steps, you can maximize energy efficiency in your Saline, Michigan home and reduce your energy bills. If you have any questions or need help finding a professional to assist with these upgrades, don't hesitate to contact me

10 Essential Home Maintenance Tasks for Saline, Michigan Homeowners by Tom Stachler"

As a real estate expert in the Saline, Michigan market, I often see the benefits of regular home maintenance for both homeowners and their properties. In this article, I'll share 10 essential home maintenance tasks that every homeowner in Saline should be aware of.

1. Regular roof inspections: Saline's harsh winters can take a toll on roofs, so it's important to have a professional inspect your roof annually to check for any damages that need to be fixed.

2. Clean gutters: Clogged gutters can cause water damage to your home's foundation and exterior, so make sure to clean them regularly to keep them functioning properly.

3. Paint touch-ups: Regularly touching up any chipped or faded paint on your home's exterior will keep it looking its best and protect it from the elements.

4. HVAC maintenance: Regular maintenance of your heating and cooling system will ensure it runs efficiently and effectively, saving you money on energy bills.

5. Plumbing check-ups: Leaks and clogs can be costly and damaging, so have a plumber inspect your pipes and fixtures at least once a year.

6. Window sealing: Checking for and sealing any air leaks around your windows can improve energy efficiency and reduce heating costs.

7. Landscaping maintenance: Regularly trimming trees and bushes, as well as keeping your lawn well-maintained, will keep your home looking its best and can increase its value.

8. Electrical safety checks: Make sure to have an electrician inspect your home's electrical systems to ensure they are up to code and working safely.

9. Appliance maintenance: Regular maintenance and cleaning of your appliances will keep them functioning properly and extend their lifespan.

10. Basement waterproofing: Michigan's unpredictable weather can lead to basement flooding, so make sure your basement is properly waterproofed to protect your home.

By following these 10 essential home maintenance tasks, homeowners in Saline, Michigan can keep their properties in top shape and avoid costly repairs in the future. If you have any questions or need help finding a professional for any of these tasks, don't hesitate to contact me.

Tom Stachler is a michigan licensed real estate broker and builder specializing in the Saline and Ann Arbor realty markets. Tom also has 30 plus years of experience handling residential and commercial purchases and sales. Contact us for assistance with income property or home listings for pricing and marketing assistance.

Uplevel Your Rental Property to Better Appeal to Tenants

Your rental – whether it’s a Home, an apartment, or a vacation rental – needs to be consistently occupied by tenants to be profitable. Fortunately, finding tenants is easier than ever – more people are renting than ever before, says a Policygenius report. Moreover, Rent prices are soaring nationally, meaning you can pull in good rent.

Still, just because finding tenants is easy doesn’t mean you can keep them. Tenant turnovers are a thing and can cost you thousands of dollars in lost revenues yearly. And then there are problem tenants – people who don’t pay rent on time, damage your property, and are bad house guests in general.

An appealing, top-tier property typically solves all these problems by attracting “high-quality” tenants – people who want to live there longer, are willing to pay more, and generally don’t make a mess. Here, Tom Stachler offers some suggestions on how you could upgrade your property to make it more desirable:

Make it pretty

Beautifying the property’s interiors and boosting the curb appeal will always score brownie points with tenants. You don’t necessarily need to spend a huge amount of money on this (although you can). Some affordable aesthetic upgrades are giving it a fresh coat of paint, planting a garden, deep cleaning the interiors (and carpet), putting up a painting, getting new curtains, and letting in more natural light.

Provide in-demand amenities

Functional upgrades let you command a premium price for your rental. Some in-demand amenities are washers, dryers, furnishing, extra-spacious rooms, home offices, patios, luxury kitchens, luxury bathrooms, landscaping, high-speed internet, and air-conditioning. Do your research and calculate the ROI before you make expensive upgrades.

Get good reviews

If you own a vacation rental, good reviews mean everything, and good PR (which involves bad review management) will make you significantly more profitable. People will flock to a property with good reviews and hosts who care. A single bad review can scare people off. Bad reviews are less of a worry for traditional landlords, but landlord review sites do exist and are worth keeping an eye on.

Be responsive to repair (and other) requests

Regularly maintaining and repairing your property is one of your obligations as a landlord. Too many landlords are tardy or lax about it, though. Needless to say, nothing turns a tenant off like a crack in the wall, a leaky faucet, or chipped paint crucial. Being responsive to help requests is essential to keeping tenants on, long-term.    

Advertise with high-quality pictures and a digital brochure

Advertising is essential if you want to find more tenants. To make a bigger impact, be sure to include high-quality pictures to allow people to visualize your property (and imagine themselves living there). Making a PDF brochure to showcase your property can be worthwhile. You can include key details about the home alongside pictures. You could email the file to potential tenants. You can quickly edit a PDF online to add pictures and text, change the page order, and more – all without having to print anything out. Simply upload the PDF file online, make changes, and download it again.

Make an LLC to be more credible (and protect yourself)

Establishing a limited liability company for your investment property offers multiple advantages. It makes you look more professional and organized, for one. For another, it protects you and your assets from litigation. To form an LLC, you can hire a lawyer or use a formation service (which is much cheaper). If you go with the latter option, read reviews to find the best service available.

Find good partners

Working with professionals can make your property easier to manage. Although it can be a bit of an investment, it can pay off in the long run (and save you time). You could, for instance, hire a property manager to take care of everything in your stead. You could hire a cleaning crew and handymen for maintenance and repairs. Last, but not least, you could partner up with an experienced realtor to find more desirable tenants faster.

Conclusion

When everything is said and done, being a landlord is being a part of the service business. Focus on being a good host, partnering with the right people, advertising yourself, and safeguarding your assets by forming an LLC. Your reward will be a steady, passive source of income that only grows with time.

Tom Stachler is a licensed Real Estate Broker in the State of Michigan.  Contact us for Investment/Income and Commercial Property Inventory listing and purchase assistance.  We have apartment, duplex and single family income properties as well as vacant and built out commercial property.  

Thank you Melanie Nelsen for your contributions

TWO STORY 4Bed-3.5Bath Home BACKING TO WOODS

COMING SOON: Wonderful home off Platt in Bridgefield Estates just south of Ellsworth that backs to woods and is commuter friendly.  Home has 3 Bedrooms and 2.5 baths upstairs plus a 4th Bedroom and 3rd Full Bath in the finished basement that features its own modern kitchen and egress window.  

Great home for Mother in Law or extended stay In-Laws?  There are high efficiency furnace and water heater and a 2.5 car attached garage situated off Platt Road between Michigan Ave and Ellsworth Road.  

Walk through Video is coming soon, so stop back and if interested, please contact us to be the first to view.  Click Here to View More Photos 

​