Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Classifieds
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 4 months ago on . Most recent reply

User Stats

4
Posts
3
Votes
Bob Martin
3
Votes |
4
Posts

New Investor in Michigan looking for agents

Bob Martin
Posted

Hey Everyone! I am an out of state investor looking to scale up and purchase a ton of section 8 properties in Detroit. I already have a lender and a long list of properties I am interested in. I just need someone to be professional and help negotiating. Get back to me if you can help!

Most Popular Reply

User Stats

1,728
Posts
1,852
Votes
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,852
Votes |
1,728
Posts
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Hey Bob, happy to talk all things Detroit and share some great resources about the market.

I invest there from California and own 12-doors in Detroit proper today. 

Section 8 can be ok but comes with risks that a lot of folks don't talk about. Feel free to search the forums or, again, I can send you some resources. I'm going through a Section 8 eviction on one of my home right now.

Detroit is also notoriously tough to analyze. If you're looking at "turnkey" properties under $60k today you're probably in D Class areas. 

Beyond that, there's a lot of nuance. So just be mindful of what you're buying and where, who you're trusting, and make sure you do a bunch of research.

Loading replies...