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Updated almost 5 years ago on . Most recent reply

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How do I get started in investing in rental property in Detroit?

Posted

Hello, I am from San Diego and I am definitely a newbie when it comes down to investing and new to biggerpockets. I have just one rental property here in San Diego but after listening to Ashley Hamilton, I am more motivated than ever.  

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Anthony Dooley
  • Investor
  • Columbus, GA
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Anthony Dooley
  • Investor
  • Columbus, GA
Replied

The best way to invest in Detroit would be to move there, learn the market very well, and start buying investments based on your criteria. There is no way that I would tell someone, especially with little experience, to buy property in another state or city that they do not know. Why Detroit? Why not Lincoln Nebraska or Toledo Ohio? Warren Buffett would say to only invest in what you know. 

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