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Keeping It Real Estate

FOX Business Young Guns features Marketplace Homes

Posted By Marketplace Homes in Marketplace Homes on February 14th, 2012

Marketplace Homes Managing Partner, Mike Kalis was just featured on FOX Business’ Young Guns series titled “Detroit Entrepreneur Sees New-Home-Buying Model Forged From Crisis”.

Marketplace Homes, which focuses on helping people buy new construction homes by turning their old ones into rental properties that [they manage], started in the suburbs of Detroit, it’s spread to 17 states–and his payroll has increased from 16 employees to 60 in the last year.

“The most common client is a growing family,” he said. “They feel stuck and a lot of times, because of the economy, their old home isn’t worth what it used to be worth. We’re telling people there is a simple solution of leasing out your home so that they can get into that new home they really need,”

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