Wealthy entrepreneurs are investing in the city too, like , 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.
Not only is Quicken Loans one of Detroit's largest employers and taxpayers, but as of 2018, Bedrock had invested or allocated Deandra's birth name is Tia DeShay, but it was legally changed to Deandra Averhart when she was adopted. She writes, has her own podcast, and is a high school English teacher.Deandra told Business Insider that through the DLBA's program, she ended up paying $2,690.50 for her property."Today, Thursday June 21, 2018, at 10:00 am I closed on this house.
She had her work cut out for her, but she wasn't alone. With the help of her students, a coworker, and an independent contractor, she was able to turn the abandoned house into a home.Deandra told Business Insider that her students helped with the cleaning and the landscaping. "They were going into their senior year so I knew they needed money for senior activities," she said.
Throughout the renovation process, Deandra kept the DLBA up to date with her progress by sending them photos of the home every month. It took around a year and five months to fix the house to her liking.When it came to decorating, she got most of the items around the house from thrift stores or on Craigslist. "I am a thrift store queen," she told Business Insider.Deandra told Business Insider that the hardest part of the project was finding her patience.
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