About Us

The wave of foreclosures had depressed home values and lowered the tax base in many Southeast Michigan communities. Investors had been buying up many of these properties and converting them into rental homes without completing any significant improvements. We recognized this challenge and came up with three unique approaches to help communities manage this problem. These three approaches have allowed me to acquire and renovate properties in 87 different communities spanning nine counties.

The first approach involved forming a partnership with Southwest Housing Solutions. In cooperation with Southwest Housing Solutions, FPJ Investments was able to acquire bank owned properties, renovate them, and sell them to owner occupants. Southwest had unique access to bank owned properties and was looking for an experienced partner in managing, rehabilitating and marketing them. Through our joint ventures with Southwest Housing Solutions we have acquired over 650 properties over more than eight years. FPJ then set the scope of work and handled the marketing of each property. This has increased property values and revitalized homes that were in poor condition. Many of these properties brought challenges with them such as water damage, mold, or various other complex issues. A typical homeowner or investor may not have the knowledge or resources to properly address these issues. Our experience has allowed us to effectively address these issues and transform these houses into beautiful homes again. In short, our partnership has enabled communities to avoid the negative effects of bank owned sales in favor of fully renovated top-of-market home ownership sales.

The second approach involved working directly with the Wayne County Land Bank to acquire tax foreclosed homes in Wayne County. Through a signed development agreement, FPJ Investments committed to make an average minimum investment in each property and market them to owner occupants. We perform significant interior and exterior renovations (averaging $35,000+) on each property and sell them on the MLS at market value. This investment helps to not only increase the value of the properties we sell, but also increases the neighborhood values by providing good comparables for other sales in the area. We acquired 40 properties in 2017 and 29 properties in 2018 through this program that have been renovated and sold.

The third approach was to work directly with cities and townships to acquire tax foreclosed homes in their communities. FPJ has purchased, renovated, and sold more than 400 homes over more than six years with this approach. We have accomplished this by assisting municipalities in exercising their Right of First Refusal (“ROFR”) to purchase the properties before they go to the County Tax Sale. Through a signed development agreement, we committed to make an average minimum investment in the properties and market them to owner occupants. We performed significant interior and exterior renovations (averaging $40,000+) on the properties and sold them on the MLS at market value. Similar to the program with the Wayne County Land Bank, this increases property values of the renovated property and surrounding properties because it creates higher value comparables for the area. By working with FPJ, cities have been able to take control of the tax sale properties in their communities. Some of the communities that we have recently worked with include Ferndale, City of Wayne, Redford Township, Harper Woods, Ecorse, Lincoln Park, Warren, Centerline, Port Huron and Oak Park. I also have significant personal experience in developing entire subdivisions from start to finish. I have built more than 200 homes from the ground up.

• This process has included:
• Acquisition of land
• Clearing of land
• Wetland mitigation
• Hiring and directing the engineer to effectively layout the subdivision
• Selecting attorneys and overseeing the establishment of Condominium Docs
• Hiring architects and coordinating the design of the homes
• Building a model house and staging it
• Hiring staff for model houses and overseeing sales of units

Currently, we are in the process of developing Pallister Gardens. This is a Townhouse development in the New Center area across from Henry Ford Hospital. This project consists of 16 Townhomes in Phase One with an additional 21 Townhomes planned for Phase Two. The project is off to a great start with 3 units sold and closed. We also have an additional 7 units under contract with an estimated completion date of October 2023. You can view more about the project on our Face Book page for Pallister Gardens or our website…www.PallisterGardens.com.

Our goals at FPJ Investments are to always provide a quality product to our homebuyers and to stand behind our work. We want our clients to have a great experience and enjoy their home for years to come. Our mission extends to working to increase property values and stabilizing neighborhoods. We measure our success by the happy homeowners and renters who really enjoy having a safe, renovated home.

We also have significant experience in acquiring and renovating commercial properties. We recently completed converting a 13,000 square foot warehouse into a Detroit at Work Career Center training facility. The previously empty warehouse contains classrooms and office space for administration. Along with the inside renovation, this project required some rezoning and an expansion of the parking lot. The renovation costs were 2 million dollars.

Additionally, we have experience navigating the complexities surrounding contaminated sites. One example of this was removing underground tanks at an old gas station and converting it to a parking lot. Another instance was when a building required the removal of underground hoists. We successfully completed both of these projects, including the necessary clean up, while meeting all DEQ requirements.

We currently own a 10,000 square foot building in Port Huron that consists of retail on the first floor and residential lofts on the second floor. This is a Historic Building that we have worked hard to update and bring up to code, while also preserving the historical architecture and aesthetic. Finally, we have renovated numerous office spaces. This includes the space that we currently utilize as the base of operations for our own business.