Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
Hamtramck Detroit
Hi everyone,
I currently own 2 properties in London and now live in Los Angeles.
After speaking to friends in Detroit they have really got me going on investigating in buying a house there to keep and sell later for profit.
They are recommending Hamtramck now in late 2015 and they could take care of the house for me there.
What's your take on the community. Hipsters/musicians seems to be moving over there from New York at the moment. Recording studios are being built in Detroit etc. Are we seeing what happened to Berlin in Germany over the years with creative people moving into the area?
Or is Hamtramck only for rental and not much in return if I sell the house, let's say in 5 years? Any information from current investors would be appreciated.