Active Versus Passive Real Estate Investing: Which Is Right For You?

Real estate as an investment has become a hot topic over the past few years. The many fix-and-flip TV shows have something to do with it. Rental home investing has always been superior in many ways to holding stocks and bonds. So, what’s right for you — active real estate investing or passive?

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Plans in the Works for this Prime Downtown Detroit Building

Oh what a difference three years makes. Amid a strengthening downtown real estate market, Wayne County reached a tentative agreement to sell a downtown Detroit office building near Campus Martius for $4.65 million to the Elia Group, according to a joint press release on Sunday. The deal for the four-story, 29,968-square foot building along Woodward Avenue in the shadow of the towering 40-story Guardian Building still needs approval by the Wayne County Commission. But if it comes together, the sale’s price would be more than double the amount tentatively agreed to in 2015 with a different prospective buyer.

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New Shinola store opening downtown on Friday

The Shinola Hotel is set to open by the end of the year, and a new retail shop will open at 1424 Woodward this Friday. It will be the 27th brick and mortar Shinola store in the country, at the first hotel for the design brand. The shop will open at 10 a.m. November 23. The 1,600-square-foot store will offer a a full lineup of the brand’s items, including the Runwell Desk Clock, the Shinola Hotel Leather Pillow, and the Shinola Hotel Throw Blanket. The free monogramming service will also be offered to guests purchasing journals and leather goods. Custom engraving will also be available for select jewelry pieces.

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The Top Seven Traits Of A Successful Real Estate Investor

Real estate is said to have made more millionaires than anything else. For those who have successfully made money in it, it’s not hard to see why. With so many different ways to grow wealth investing in real estate, there are tons of opportunities for many different people with different skill sets and talents to be successful, make money, and improve their financial position in meaningful ways.

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Detroit Releases RFPs for Two Villages Developments

In the next few years, the Islandview and West Village neighborhoods are expected to get a lot more infill housing. The city has taken the next step in that process, releasing two Requests for Proposals for separate projects. The first RFP is calling for the rehab of eight duplexes which will house 16 mixed-income rental units. These duplexes are located throughout the Islandview neighborhood between West Vernor and Charlevoix.

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Three Ways Blockchain Technology Will Revolutionize Real Estate in 2019

In its most basic form, blockchain makes it possible for the first time ever for people and companies to make major transactions without going through an intermediary. Intermediaries like credit card service companies, stock exchanges, banks and governments can make transactions expensive, slow and illiquid and may open opportunities for fraud or crime.

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