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Updated 9 months ago on . Most recent reply

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Kevin Lee
  • Rental Property Investor
  • Detroit, MI
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Investing in Detroit

Kevin Lee
  • Rental Property Investor
  • Detroit, MI
Posted

I am in the work with a Real Estate agent of buying a quadplex or 2 duplex in the metro Detroit area. Most of the building have some work needed on them so I am looking at a turnkey instead. 

Would you recommend the Detroit area to be a good investment right now as I live close to it? Or would you recommend an out of state investment for now as my first rental? I will be hiring and management company either way. 

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Drew Sygit
#1 Multi-Family and Apartment Investing Contributor
  • Property Manager
  • Royal Oak, MI
5,527
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8,891
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Drew Sygit
#1 Multi-Family and Apartment Investing Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Kevin Lee

You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:

https://www.biggerpockets.com/...

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Logical Property Management.
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