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Updated about 4 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Karl Danticat
  • Real Estate Agent
  • Yonkers, NY
2
Votes |
3
Posts

Building Property in Detroit

Karl Danticat
  • Real Estate Agent
  • Yonkers, NY
Posted

I'm interested in investing in Detroit, through www.buildingdetroit.org. I live in NY. It'd be my first BRRRR. Any thoughts?

Most Popular Reply

User Stats

178
Posts
224
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Stewart Beal
  • Investor
  • Ann Arbor, MI
224
Votes |
178
Posts
Stewart Beal
  • Investor
  • Ann Arbor, MI
Replied

If you want to invest in Detroit I would recommend you move here.  I just don’t see out of state investing working in Detroit.  You will need to put sweat equity in the deal and oversee every aspect of everything.  Just my 2 cents. 

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