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Updated about 6 years ago on . Most recent reply

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 :)

Most Popular Reply

User Stats

71
Posts
87
Votes
Leo Furest
  • Miami, FL
87
Votes |
71
Posts
Leo Furest
  • Miami, FL
Replied
@Cassandra Sifford hello how are you? Want to see my thought about Detroit? See any of my threads..I started a year ago and I am planning to keep my buy and hold strategy

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