Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

14
Posts
6
Votes
Chanel Oldham
  • Real Estate Professional
  • Detroit, MI
6
Votes |
14
Posts

Just Starting Out

Chanel Oldham
  • Real Estate Professional
  • Detroit, MI
Posted

Hello all,

I've heard the advice a lot that when starting out in real estate investing you want to stick close to where you live because chances are you know that market best. My question is what if the place you live is not necessarily the best place to invest or the best place to use the style of investing that you plan to specialize in?

Most Popular Reply

User Stats

47
Posts
9
Votes
Gary Hurst
  • Investor
  • Belton, TX
9
Votes |
47
Posts
Gary Hurst
  • Investor
  • Belton, TX
Replied

I bet you can still find some deals. And where you are,Detroit I think is going to be a gold mine. There are a lot of plans to try and get Detroit back on its feet. One plan includes lowering the Federal Income tax to 5% and Capital Gains to 0% If this happens hold on the Boom is a coming. Good luck.

Loading replies...