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Updated over 5 years ago on . Most recent reply

User Stats

185
Posts
97
Votes
Maria Luna
  • Rental Property Investor
  • Altamonte Springs, FL
97
Votes |
185
Posts

Moving to Detroit to invest in real state

Maria Luna
  • Rental Property Investor
  • Altamonte Springs, FL
Posted

Hello everyone,

I have my date pick out to move to Detroit. Should be there by the end of August. I’m moving to invest in real state, but I also want to open a property management business. I been managing my own properties for about 4 years now and is something I enjoy doing. I know that doing it as a business is different than just doing it for my self. I have done my HW on the requirements to do this, but I would like to hear from anybody who’s done it before or is currently a property manager. What should I look out for? What are the biggest risks, liabilities or difficulties?? Thanks in advance for any information.

Most Popular Reply

User Stats

1,744
Posts
1,859
Votes
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,859
Votes |
1,744
Posts
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

@Maria Luna, shoot me a note when you get here. 

@Joe Villeneuve is probably the most negative person I've seen when it comes to Detroit. While there's some truth to what he says, take it with a grain of salt. To my knowledge he has never purchased, managed, or done business in Detroit. But he sure is vocal about it! 

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