$100k, 3 Bed & Big Dreams: Help a Newbie Find the Sweet Spot

[Eyal Hevroni]

Hello BP community,

I am an experienced real estate investor from Israel and I am excited to venture into the Detroit market. I am planning to invest around $100,000 into my first Buy & Hold house within the next few weeks, ideally a 3-bedroom with at least 1,000 square feet. My goal is to build a substantial portfolio, aiming for two more houses by the end of the year and continuing.

As a newcomer to Detroit, I am seeking your insights on the best areas to invest in. I am particularly interested in neighborhoods with strong potential for growth, rental income, and community revitalization.

I am open to various possibilities and eager to hear your perspective on these and other up-and-coming areas. Any advice or insights would be greatly appreciated!

I look forward to hearing from you and thank you in advance for your help!

[Travis Biziorek]

Hey Eyal, I am extremely experienced in the Detroit market.

I own 12-doors there but live in California. I get out to Detroit every 2-3 months. 

Happy to share my experiences and help where it makes sense.