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Updated about 10 years ago on . Most recent reply

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Ryanchase Balthazar
  • Los Angeles, CA
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Buying homes in Detroit

Ryanchase Balthazar
  • Los Angeles, CA
Posted

Just curious! Was on Zillow and saw some really cheap property in Michigan. Good Idea to buy and to flip. If its possible?

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Scott K.
  • Real Estate Investor
  • Madison Heights, MI
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693
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Scott K.
  • Real Estate Investor
  • Madison Heights, MI
Replied

Sure they should.  The suburbs are great for cash flow.  Detroit you need to have big money to make it worth it.  Not a good idea to try to by just one or two in the city.  Need to try to buy as many as you can in the same area or block if you can.

Come on out and I will give you a tour.  I have done it 5 times already with Cali people and a few Aussie's.  Let the weather get better first though.  We are going to get hit with some ice in the morning

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