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Updated about 6 years ago,

User Stats

376
Posts
158
Votes
Cassandra Sifford
  • Rental Property Investor
  • New Castle, DE
158
Votes |
376
Posts

Detroit RE Market ... What are your thoughts??

Cassandra Sifford
  • Rental Property Investor
  • New Castle, DE
Posted

HAPPY MONDAY BP FAM!!!  I recently went to visit my niece who lives in the city of Detroit.  I found it to be a nice, friendly city with a lot to do.  Never been before so I wasn't sure what to expect.  Made me feel like a smaller scaled NYC (without the excess lights of Times Square).  In her neighborhood, there were vacant buildings (I see loft potential).  We ventured outside of the city were there were a lot of vacant homes (multifamily potential).  I've heard that one of the motor companies was coming to revitalize the city, but am not sure if it's true.  Does anyone currently invest here with good cash flow or have been currently researching the real estate market?  It's a long distance venture, but at least I have feet on the ground.  Any opinions are GREATLY appreciated!!!

Enjoy your day ... Cassandra :)

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