Brook Walsh Real Estate
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Brook Walsh Real Estate
Get unlimited access to our MLS search, saved listings, get price reductions, new listings and much more. Brook Walsh's services uniquely combine Northern Michigan's real estate experience with unparalleled investment knowledge. Experience the complete lifecycle of homeownership with the help of Brook Walsh - an expert in connecting investors with the best Northern Michigan home for their lifestyle.

Learn more about investment performance and characteristics with Brook Walsh's trusted assistance. As a data-savvy lifestyle real estate investment advisor, Brook is eager to help you fulfill your dreams of a Northern Michigan vacation home. Brook's family-owned property management and vacation rental agency, Northern Michigan Escapes, enables him to extend beyond traditional buyer and seller representation to provide vacation home advisory services throughout the entire process.

Discover useful tips for everything Northern Michigan real estate. Whether you're buying a vacation home or have questions about your future investments, Brook Walsh's blog addresses a variety of topics to help you achieve your goals.
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Born and raised in Northern Michigan, Brook earned a Bachelors Degree in Political Science (computer science cognate) and a Masters of Business Administration, both from Michigan State University.
For the last twenty years, Brook was a results-driven information technology executive with experience leading multi-million dollar revenue and growth initiatives grounded solidly on business and economic value.
His last corporate role was that of a Senior Vice President and Chief Information Officer with a $9B financial services firm.
Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income.
Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farmland, warehouses, and garages.
In many states, residential property containing more than a certain number of units qualifies as a commercial property for borrowing and tax purposes.
If you value lifestyle in combination with an appreciation profile, there just might be a place in your portfolio for investing in Northern Michigan real estate that makes financial sense.
Vacation home prices typically lag major market residential rates by 12-36 months.
But with asking prices for Northern Michigan waterfront and ski-proximate real estate up 10 percent to 20 percent this year (based on 24 months sold price per sq ft averages), discounting has not hit our market.
While the obligations and negative cash flow aspects of ownership can sometimes be burdensome, the numbers still work as illustrated on our Investment Performance page.
Data analysis confirms that we are certainly past the bottom of the longest-lasting downturn since the Great Depression.
Vacation homes typically lag major market residential by 12-36 months and with asking prices for Northern Michigan real estate up 10%-20% (based upon 24 months sold price per sqft averages), the past four years of heavy discounting is now over.
Learn more about the Northern Michigan real estate market below, or connect with Brook Walsh today for trusted guidance with your next investment.
If you know how to go about it.
Finding a good deal requires patience, perseverance and an in-depth understanding of relevant valuation metrics, but if you actively engage in the process there will be opportunities.
A search produces 40 results from which a shortlist of best fit properties is selected.
Candidates cannot suffer from pricing defects, environmental defects or shell and core/floor plan defects.
The top 25% of the results yields 10 possibilities that make the final cut.
Experience suggests that only 2 of the presented homes are likely to be of serious interest which is a small fraction of total inventory.
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