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Updated about 2 months ago on . Most recent reply
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Detroit Property Manager
I am new to investing and am looking to buy and hold a property in Detroit. Does anyone know of a vetted property manager that knows the market and area to help guide me through my first purchase? #detroit
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@Jesse Streng Great that you want to invest in the Detroit area but I encourage you to come to the city and spend a weekend here to get a feel for the market. It helps you understand the areas where you want to invest, your rehab cost and where you money is going. I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit. I don't want to discourage you but I want you to be cautious when dealing with the market. Returns are great if you get a good area and build a solid team but thats going to take some leg work in picking the right people that see's your vision.