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nt on our company background as well as add more concise detail and explanation. Our business model is to acquire distressed/foreclosed property in Michigan. The market segment we target is that of properties valued between $45,000 and $65,000. This segment returns the highest net rental yields and also
es on the above: • We do not currently purchase properties in the City of Detroit, but rather in the neighbouring suburban cities (e.g. Royal Oak, Redford, Southfield, Oak Park and Eastpointe). • We continue to monitor the desirable residential areas of Detroit City and if, as we foresee, property ta
Adilil. ■■■ ■■■ ■■■ Real Time INVESTMENTS MICHIGAN PROPERTY PORTFOLIO 03 I- 0 N EFTA_R1_02109424 EFTA02708340 iii Rea Time INVESTMENT MICHIGAN PROPERTY PORTI INDEX 2 Proposal 3 Michi
n the way to recovery, others are not. We have researched the areas where the pockets of opportunity still exist: Warren, Southfield, Eastpointe, Redford, North Rosedale, Bagley, Sherwood and University City (see map). We are also watching other promising communities. Our search for suitable proper
nt on our company background as well as add more concise detail and explanation. Our business model is to acquire distressed/foreclosed property in Michigan. The market segment we target is that of properties valued between $45,000 and $65,000. This segment returns the highest net rental yields and also
es on the above: • We do not currently purchase properties in the City of Detroit, but rather in the neighbouring suburban cities (e.g. Royal Oak, Redford, Southfield, Oak Park and Eastpointe). • We continue to monitor the desirable residential areas of Detroit City and if, as we foresee, property ta
tment objectives. To read more about these specific areas refer to our attached 2013 'Michigan Portfolio' brochure. In addition to regular trips to Michigan by our Managing Directors, boots on the ground are important. We have an infrastructure of personnel in Metro Detroit sourcing units from banks (fo
he USA by CNN Money. We buy in areas that have viable local economies, providing jobs, infrastructure and leisure activities for their inhabitants: Redford, Bagley, Eastpointe, Rosedale Park, Warren, Southfield, Sherwood and University City. However, Detroit city should not be written off. We are bullis
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