FOX Business Young Guns features Marketplace Homes
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,”