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Updated 10 days ago, 11/20/2024

User Stats

12
Posts
5
Votes
Puneet Sharma
Pro Member
5
Votes |
12
Posts

How is the Market in Zip 48224 and 48227

Puneet Sharma
Pro Member
Posted

Hello Fellow Investors,

Looking to help out a friend. He's looking to start his real estate journey and found an agent through a forum who is suggesting to start investing in Detroit, MI (Zip 48224 and 48227). The agent is offering to find a property, rehab, and manage it as well. He's getting numbers like $80K for a 2Bed 2Bath single family homes, additional $20 for rehab, so total under $100K and rent estimate is around $1000. But he's not sure about the area or potential growth in Detroit market. Any comments/feedback/suggestions would be helpful. Thanks in advance!

  • Puneet Sharma
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