Bay Area Investment Company Provides Investors With Double Digit Returns… In Detroit

Posted by admin on Feb 22, 2011 in Bay Area Equity Group Blog | 0 comments

Campbell, CA, 1/22/2011 – While many investors have been skeptical to invest in Detroit over the past few years, a few have been garnering steady profits.  After opening its doors to the public in November, Bay Area Equity Group, LLC has been providing both foreign and domestic investors with double digit returns on real estate properties in Detroit, MI.

With nearly all news about the once great city of Detroit being negative, many investors have jumped ship on financial assets with any ties to the city.  Despite investors still being hesitant to invest in Detroit, there have been signals that Detroit may be making a comeback.  “Detroit has been moving to reinvent itself, and the city will be making a comeback,” says CEO of Bay Area Equity Group, LLC Anto Kabajouzian.  “Forbes just listed Detroit as number three in the most affordable cities in America.  People will begin moving back.  That’s where investors stand to make a profit.”

Anto Kabajouzian may be right.  Seven major condo and apartment projects are planned to begin this year as places like Detroit’s Tech Town attract young professionals to the city and demand for housing begins to increase.  Last year the median sale price of homes in metro Detroit increased by 25%, according to a 2010 report from regional listing service Realcomp II Ltd.

This is where companies like Bay Area Equity Group, LLC step in.  Instead of attempting to project property appraisals, Bay Area Equity, LLC focuses on the cash flow generated from the property.  “It’s what makes our properties less risky for our clients versus other investment options” says Mr. Kabajouzian.  Additionally, Bay Area Equity Group, LLC is the only business of its kind to offer both a rental and maintenance guarantee.  This strategy to real estate investment has proven to be especially attractive to foreign investors who require a more hands-off approach when seeking opportunities in the U.S.

The final benefit that attracts many of Bay Area Equity Group, LLC’s clients, is the fact that none of the homes require rehabbing of any kind.  This equates to another huge plus for real estate investors, who at times have seen projected profits dry up during the rehabbing phase of an investment property purchase.

“We are a completely turn-key company.  When an investor purchases one of our properties, they really can just sit back and enjoy the profits.”

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