. Now, more than five years later, more and more people are investing in the city., the billionaire founder of Quicken Loans. As Business Insider previously reported, after Gilbert moved his company to downtown Detroit in 2010, he started the real-estate firm Bedrock.
The house was in a state of total disrepair when he bought it. Photos show that paint was peeling off the walls, wires were hanging loose, and the bathroom appliances were covered in rust.Despite its poor condition, Gray moved into the home right away."In Detroit, if you're not there, or you don't have someone there, someone will come in and take your stuff. It's gone in a matter of 15 minutes, gone," he explained to Business Insider.
"I also began to craft my rehab skills working as a laborer for guys who were fixing up homes to rent," he said. But in 2008, his life changed. While riding his bike, he was hit by a car. Using money from the settlement he received from the accident, Gray was able to purchase the abandoned property.When describing the renovation project, Gray called it a complete rehab. "I tore everything out, all the way down to the studs," he said.His wife, Cynthia, who at the time was his fiancée, was there through it all.
This is beautiful
I feel like I have underachieved in life after reading this article 🤔🤔😬😬 Good for that man. My hero.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Orum House, the Bel Air mansion shaped like a propeller: photos - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wowed by this house!
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside Benetti's 353-foot hybrid gigayacht 'Luminosity' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I may be mistaken but I think it's currently docked in Portofino, Italy. My offer, 1 Bitcoin
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the French Riviera's pandemic party problem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Houston we have a problem.... or in this case, France. 25 guys and only one woman, huge problem.
Source: BusinessInsider - 🏆 729. / 51 Read more »
A couple who bought a home in cash sees the advantage of a mortgage - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No it wouldn’t. It would make them throw away 15-30 years of 4% interest. please do not write 'home buying success stories' or whatever the fuck this is where the home purchase price is under $75K. That guy likes to watch cuckhold genre.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why I won't sell investments I bought for my home's down payment - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I'd cash it in, and each month buy $100 worth of the investments back with the savings from not paying the PMI
Source: BusinessInsider - 🏆 729. / 51 Read more »