Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 almost 6 years ago,

Account Closed
  • Dearborn Heights, MI
0
Votes |
4
Posts

Detroit Real Estate Boom

Account Closed
  • Dearborn Heights, MI
Posted

Hey all, I wanted to start a back-and-forth that will, hopefully, eventually be fruitful and prosperous for everyone involved in the Detroit market. Detroit is still judged by those ignorant to its success, but I have a surprising number of friends whose properties have appreciated from 200k to almost 1mil due to the construction of the Little Caesars Arena, the updated infrastructure of Detroit, and, the reason for this post, the new M-1 rail, which connects the northern suburbs to the heart of Detroit. Now, whether you want to buy and hold or rent out properties, it's very difficult to argue that it would be a bad investment to acquire properties along the rail, north of the city. Therefore, does anyone have any strategies as far as areas that are still low-buy, but will be part of the boom? It gets sketchy very quickly, but I'm sure there areas with potential. Let's all make some money!

Loading replies...