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Updated almost 4 years ago,
BRRR in Detroit area
Hi, I'm looking to make my first move into real estate and I'm thinking I'd like my first deal to be a BRRR property. Although I live in NJ I really like the prices and rents in the Detroit area, so this is definitely going to be a challenge long distance.
Any tips on how I should start.
What zip codes should I look in ?
Areas I should avoid ?
I'd like to invest in SFH rather than MF for now.
Am I taking on too much for my first deal ?
I can't really BRRR in NJ because prices are just crazy right now, so I'm trying to find other markets but I'm just concerned about not living near my property.