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Updated almost 10 years ago on . Most recent reply

User Stats

7
Posts
2
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Erin Murtagh
  • Plymouth, MI
2
Votes |
7
Posts

Newbie from Plymouth, Michigan

Erin Murtagh
  • Plymouth, MI
Posted

Hi everyone! My name is Erin and I am brand new at real estate.  I recently went to a three-day conference and learned a ton of information about real estate investing.. unfortunately to pursue a career through their company, they required a large sum of money, one I wasn't willing to pay.  Instead, I did some research and discovered BiggerPockets! I am really excited to be a part of this community and in the few days since I signed up I feel like I have already learned a lot.  

I am from Plymouth, Michigan (the metro-Detroit area) and have worked in the medical field for about the past ten years. I am ready for a change and hope to begin a new career in REI as soon as I can. I am excited to learn from and interact with other members!

Most Popular Reply

User Stats

52
Posts
14
Votes
James De Silva
  • Real Estate Investor
  • Berkley, MI
14
Votes |
52
Posts
James De Silva
  • Real Estate Investor
  • Berkley, MI
Replied

The city of detroit has a lot of interesting potential, but I'd be very wary as a new investor.

You'll have more trouble with tenants, insurance, property managers and to top it off, most lenders will not lend in the area. Obviously there is definitely money to be made, I think Detroit is poised on the brink of a huge comeback, but maybe start with something less full on. The suburbs around Detroit is where I'm interested at the moment.

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