Detroit 3 bd property $22,000 will rent on Section 8 for $1,200 per mo.

[Leroy K. Williams]

Detroit's real estate prices are rising fiercely yet many investors are still looking from the outside trying to figure out how to engage this market.  This is what we do everyday.  We have helped and are currently helping investors (Some from BP) make the inner city of Detroit work as a viable income producing market.  

What I have decided to do is feature properties available from my network of wholesalers that fit into a scenario where everything is rolled in at a turnkey price of 65k-70k per single family home or $65k per door for duplexes in the inner city which are projected to rent for $1,100-$1,300 per month Section 8. That's purchase, renovation, municipal compliance inspections, tenant placement through the Section 8 process.  So here is the first featured home available. 

It is happening as we speak. Check out my YouTube channel and you will see tons of videos of us doing exactly this for other investors.

http://www.youtube.com/@leroyrehabcentral5333

[Leroy K. Williams]

Quote from @Michael Smythe:

Detroit Neighborhood? 

Is this Class C or D?

 Class D, but that is what makes it so sexy.  Very smart people see the opportunity here.  if you are looking for appreciation you shouldn't be looking at Section 8, if you are looking for rhythmic income into your bank account class C-D is beautiful.  You just have to know what you are doing.