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Updated about 4 years ago on . Most recent reply

User Stats

53
Posts
7
Votes
Jay Jonez
  • Real Estate Agent
  • Chesterfield, MI
7
Votes |
53
Posts

Anyone investing in Westland Mi?

Jay Jonez
  • Real Estate Agent
  • Chesterfield, MI
Posted

Hi everyone,

I have been wholesaling and been able to save up some capital and wondering if Westland Mi is a good place to invest. I'm seeing alot of duplexes around $80K-$88K and been running numbers on them and the ROI is pretty good. But wanted to know if anyone could shed light on if its a good area to buy a multi family and if there anything I should look out for?

Most Popular Reply

User Stats

131
Posts
32
Votes
Joe Doman
  • Investor
  • Canton, MI
32
Votes |
131
Posts
Joe Doman
  • Investor
  • Canton, MI
Replied

I like Westland. I am guessing you are talking about the duplexes south of Palmer. "Shacktown" as they call it is pretty rough but I know some investors are doing well over there. If inheriting tenants, do a thorough background check and get payment history. Returns look great on paper but a bad tenant turn a good investment into a liability.

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