Detroit Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago on . Most recent reply

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.