USA
Dream Coast Homes now can offer a service offering select property investments to a select few. We deliver bank foreclosure and repossessed properties in prime locations, single family homes that are mostly tenanted and newly refurbished.
Originally we only offered this service to large private funds that were purchasing bulk deals.
Now our services are available to a select membership of serious investors who are keen to use this temporary slump in the market as an opportunity to acquire properties at rock bottom prices, and significantly improve their asset position.
DCH has both a formidable investor base and impeccable contacts to enable it to access and acquire distressed properties.
The units we are sourcing are fully managed and tenanted and allow income for our investors from day 1. Average yields across our units would be between 16%-19% NET.
At the moment and whilst we have properties available in other areas such as Las Vegas, Atlanta and Florida we strongly believe that Detroit is offering the best net yield returns.
All of our properties in Detroit are between $45,000 - $55,000 and have on average a 16%-19% net annual yield, they are all tenanted, so you receive your first rental payment as you complete on the property.
Detroit
The largest city in Michigan and the 11th largest in the US, Detroit is a city in regeneration, ideal for a property investment.
Located on a river leading to the Great Lakes, the metropolitan area of Detroit, and its population of 4,403,437, is known as Motor City in reference to its links with the car industry.
The city and the surrounding region constitute a major manufacturing center, most notably as home to the Big Three automobile companies, General Motors, Ford, and Chrysler. The city is also an important centre for global trade with a number of large international law firms having their offices in Detroit.
There are approximately four thousand factories in the area. New vehicle production, sales, and jobs related to car use account for one of every ten jobs in the United States, making Detroit a crucial region for the economic recovery. The area is also an important source of engineering job opportunities.
The companies in the area are diversifying. General Motors has invested heavily in fuel cell technology, while Chrysler is focusing much of its research and development into biodiesel. The Government has made efforts to lure the region's growth companies to the city with tax incentives, an international riverfront, and residential development.
Detroit suffered heavily in the downturn. After property prices dropped by 80%, one in five houses are being foreclosed. This has made properties available at up to 60% below market value making the city a prime investment area that offers significant growth potential, as well as being backed by the US government rental programme.
USA Property Direct have managed to secure a wide-range of properties across Detroit for investors to take advantage of the recovery and the regeneration that is happening in the city. Contact us now to see what we can offer to investors.
Atlanta
Atlanta, Georgia, is the top ranked rental market in the US. Not only is it officially the least costly location for businesses in the USA, but it’s also home to the world’s busiest airport. Atlanta is a buzzing, cosmopolitan city with high rates of employment and job satisfaction.
New businesses are constantly taking root and thriving in the metropolitan Atlanta area. The population has grown by well over two million people in the last 20 years to around five and a half million. Businesses such as UPS, Coca-Cola and AT&T have set up their headquarters in the Atlanta area, attracting further investment and a strong infrastructure. The city ranks 3rd in Forbes Magazine’s job growth league table, and 2nd in its list of America’s ‘best cities to relocate to’.
As one of the fastest growing, stable metropolitan centres in America, Forbes ranked Atlanta as the #1 rental market in the country, as well as the 4th most affordable. CNNMoney.com rated Atlanta is the 4th best city in America to invest in.
The housing market offers many unique and exciting properties which are on the market for a fraction of their true value. Some homes are selling for their lowest price in three decades. With a high proportion of graduates looking to rent their first homes, the area perfectly suits an income building property investment.
USA Property Direct have managed to secure a wide-range of properties across Atlanta, priced up to 40% below market value. Contact us now to see what we can offer to investors.
Las Vegas
Las Vegas is home to well over half a million people, with two million residents living in the wider metropolitan area. More than 35 million tourists and business delegates visit the city annually. It is well known as the entertainment capital of the world, and the infrastructure of the city is literally built to serve visitors; the airport lies within a mile of the Strip, the beating heart of the leisure district.
Away from the casinos and shows, a plethora of museums and attractions cater for all tastes; the Guinness World of Records Museum is situated close to the Art and Natural History museums, the Lost City Archaeology Museum and a museum dedicated to the greatest movies in Hollywood history.
The city and the surrounding region constitute a major manufacturing center, most notably as home to the Big Three automobile companies, General Motors, Ford, and Chrysler. The city is also an important centre for global trade with a number of large international law firms having their offices in Detroit.
The wider Nevada area is known for its stunning geographical beauty, with the West Rim of the Grand Canyon and the Hoover Dam within easy reach by car. Golfers will enjoy playing dozens of spectacular courses in and around Las Vegas, many of Championship standard. All provide breathtaking views, scattered as they are around the palms and rocky plains of the Mojave desert and the dramatic mountain ranges which punctuate it.
Las Vegas is popular with retirees, and businesses in the area enjoy low taxation with rates subsidised by the gaming industry. After the economic downturn, property prices in Las Vegas began to fall. Many homes now sell for as little as 60% of their previous value due to the number of foreclosures in the past two years. New parks and developments promise to revitalise the city as investors move in to redevelop and improve existing homes.
The ample availability of quality properties at low prices means that Las Vegas is now a prime opportunity for investment. In recent months, Las Vegas has been named ‘the foreclosure capital of America’. The city is now one of the most appealing places to invest, and the rental market among visitors and retirees remains healthy.
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