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Updated about 5 years ago,

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Investing in Detroit

Michael K. Smith
Posted

I'm just looking for some insight into the Detroit market. I know there have been billions of dollars that have been invested back into the city and that downtown Detroit has been completely revitalized. From the information that I've been getting I feel like Detroit may be one of the best if not the best markets to invest in right now. Not only are the rent to value ratios the highest in the US but as aforementioned the massive appreciation potential and positive growth trending have been hard to not notice. St Louis, MO has been the market that I've been interested in mostly because I have family out there (boots on the ground) and they will be able to give me a clear perspective on what's going on being that I'm located in San Diego, CA. St Louis also has great rent to value ratios and from the research I've done, some areas definitely have appreciation potential as well. I am new to investing so this may be over analyzing (analysis paralysis) but hopefully some of you experienced in these markets can give me some more insight...

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