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.
General Real Estate Investing
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 over 4 years ago,

User Stats

6
Posts
3
Votes
Unique Gatson
  • Rental Property Investor
  • Detroit, MI
3
Votes |
6
Posts

Detroit Investment Advice

Unique Gatson
  • Rental Property Investor
  • Detroit, MI
Posted

Hello, I’m a very new investor. I’m working with $30k cash. I found a property in Detroit in the 48213 area code. The property is $8k need full rehab. The property is very close to downtown, freeway, gratiot (busy street) and FCA just bought a building less than 3 miles away. It’s a older home built in 1911 I believe, but it doesn’t have a driveway. Street parking only. It’s in a developing area. Block not to bad. The question is will this be a good investment for me? Do you believe I’ll have a good return from this property? Clear title as well.

Loading replies...