Renovations With Masterkey
Since 2014, Masterkey USA has purchased single-family homes throughout the Detroit, Michigan, metropolitan area that require renovation and repair. We perform necessary due diligence to select the best properties for our investors by identifying and securing homes in desirable locations that require repair or upgrades. Masterkey USA has now purchased, renovated, and sold more than 100 homes in the Detroit metropolitan area since beginning operations.
Masterkey USA also has some properties that are designated as Section 8 affordable housing and ensure to provide safe, secure, and decent homes for the tenants who form part of the voucher program.
Masterkey USA employs renovation teams to perform skilled and professional renovations. Our standards for renovation include all aspects of the home—from the roof to interior paint. Our primary services include the following:
- Due Diligence: Before investing and purchasing a property, Masterkey USA will visit the location and perform an assessment of what type of work is necessary.
- Repairs and renovations: We employ renovation teams made up of licensed tradespeople who perform necessary renovations to each property before lease or resale. Renovations and repairs will include:
Roof
Replaced/Re-covered if less than 5 years of life remaining.
Furnace
Replaced if less than 2 years of life remaining.
Boiler
Replaced if necessary.
Air Conditioning
Replaced if necessary.
Plumbing & Bathrooms
New bathroom fixtures, updated plumbing, new lighting and flooring if need be. Plumbing updated when needed.
Hot Water Tank
We usually install a new hot water tank unless the house already has a newer unit.
Electricity
Updated when needed/approved by DTE Inspection.
Appliances
Tenants bring their own appliances.
Updated Kitchen
Cabinets/refacing/paint and all new hardware updated if needed. Adequate flooring, updated plumbing and GFI’s also.
Fixtures
Updated lighting, switches, blinds, plumbing fixtures, cabinet hardware, and door knobs.
Flooring
Updated with durable materials (vinyl or ceramic tiles, laminate flooring, refinished hardwood or carpet).
Interior Paint
A fresh coat of paint.