Team LBR Real Estate

09/14/2023

Why Choose Team LBR Real Estate?

The answer is simple... we KNOW Detroit Real estate!

In this first edition of Ask a Realtor, chief Real estate broker and owner of Team LBR Real Estate, Larry Rivers tackles what sets apart from the rest.

09/13/2023

Between updates and renovations we've been busy curating a selection of turn key single family homes for your next real estate acquisition. These affordable properties on Detroit's Westside are ready for you to call home or rent out for a quick ROI.

Contact one our top real estate agents today for more details or to arrange a viewing! These homes won't last long!

www.teamlbrrealestate.com

08/31/2023

NOW AVAILABLE- This 2 bed, 1 bath starter gem in Virginia Park located at 15575 LaSalle Blvd Detroit, MI is ripe for the picking. Newly renovated and listed for sale at $55,500. Contact Anita Martin to view or inquire about this starter home or future investment property

https://www.teamlbrrealestate.com/properties/15575-lasalle-blvd-detroit/

08/19/2023

Before the ink dries on the purchase agreement, have you considered the pros and cons of self-property management over the benefits of a property manager? Deciding which method is better widely varies on personal goals, time availability, and financial considerations. Depending on the circumstances, the benefits of hiring a property management company versus self-management may involve less hassle than you think


https://www.teamlbrrealestate.com/benefits-of-a-property-manager/.

Before the ink dries on the purchase agreement, have you considered the pros and cons of self-property management over the benefits of a property manager?

08/11/2023

A good realtor is distinguishable from a mediocre one in several ways. The caliber of the realtor can make a huge difference in how quickly your property sells or sits on the market. It can also determine whether your offer is accepted at all. While good real estate agent qualities won’t ensure the best deal, these green flags, and red flags for real estate agents to avoid can take the stress out of choosing the best realtor for you.

https://www.teamlbrrealestate.com/10-good-real-estate-agent-qualities/

While good real estate agent qualities stand out, the red flags may not be so obvious. Here's 10 good real estate agent qualities and 3 red flags to avoid.

08/10/2023

Despite rising inflation and higher mortgage rates, real estate remains #1 among the best long term investments. Purchasing a real estate property is not only a wealth-building strategy; it’s also a physical investment that provides security for investors. Whether you are a new or seasoned investor, these eight reasons why real estate surpasses stocks, bonds, and mutual funds as the best long-term investment may surprise you.

Despite rising inflation and higher mortgage rates, real estate remains #1 among the best long term investments. Purchasing a real estate property is not only

12/22/2022

Take care of the community that has been good to you — a story of Detroit! Within the market, affordable housing has been at the forefront of conversations! Here’s a look into the story of 81-year old retired nurse in Detroit’s Boston Edison district!

A new fund is working with other organizations to help build more affordable housing in Detroit.

12/16/2022

Here is one of our current and NEW listings that we have available! This is 1/2 of our commercial buildings up for lease:

- 1,069 square ft.
- 1650 per month (Equipment is not included)
- Security deposit is 1.5 months
- All equipment is for sale (negotiable)

Please contact us today for a visit, listing details, and more! We look forward to hearing from you!

12/16/2022

Team LBR Real Estate has been active for over a decade, and our trusted business has garnished us a positive reputation within our community! Through our real estate services, you not only receive a skilled partner, but a team of committed members seeking the best for you!

- Visit our website, https://www.teamlbrrealestate.com, and become acquainted with our current listings and staff. Please contact us for details on managing your investment, purchasing a property, and utilizing our in-house accounting system for the best record keeping! We are here to serve you!

12/14/2022

With the previois increase in rates, many homeowners have found difficulties in paying higher rent, mortgage, and other expenses. In light of current circumstances, Detroiters have until Dec. 12 to apply for HOPE property tax exemption program to avoid risk of foreclosure:

Detroit homeowners struggling to pay their annual property taxes have until December 12 to apply to the City’s HOPE program to try and qualify for a full or partial property tax exemption for 2022, officials said today.

12/07/2022

With interest rates skyrocketing, many have been driven away from the housing market due to astronomical prices. Many have been steered away from refinancing and finding wholesale purchasing and renting more feasible. In additions, many families have experienced conditions that are not the most suitable for living! Poor management has caused complaints and a decline in satisfaction – Posted two weeks ago, a Detroit family and the current state of their property (https://www.freep.com/story/news/local/michigan/detroit/2022/11/22/detroit-rental-properties-tenant-concerns-landlord/69555628007/).

Despite the current market trends, in Detroit there still lies hope for a turnaround within the near future. Metro Detroit prices have rose, but there remain many lucrative opportunities for great investment and upside. Here lies a map of -3.5 to +3.5 percentage changes throughout the neighborhood (https://www.axios.com/local/detroit/2022/12/02/where-metro-detroit-home-prices-rising). The biggest question lies, “Is this a good time to invest?” See more for details: https://apnews.com/article/inflation-business-small-5083576ec8ab2d7c02cabd6ee33b5833

For small businesses hoping to establish or expand their brick-and-mortar presence, it may seem like a bad time to sink cash into a commercial property purchase. Amid predictions of an upcoming recession, the Federal Reserve increased the federal funds rate for the sixth time in 2022, citing inflati...

12/05/2022

happpily invites you to check out one of our new listings in Detroit! This 3-bedroom is a wonderful investment property with management available! Current listing is @ $65,000!

Contact us for more information—
teamlbrrealestate.com
(313) 510-0208