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Updated almost 9 years ago on . Most recent reply

Massimo Salerno's profile image
Massimo Salerno's profile image
Massimo Salerno
  • Investor
  • from Montréal, Québec
  • Member since Jan 10, 2016
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Massimo Salerno's profile image
Massimo Salerno's profile image
Massimo Salerno
  • Investor
  • from Montréal, Québec
  • Member since Jan 10, 2016
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Massimo Salerno
  • Investor
  • Montréal, Québec
6
Votes |
33
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Foreigners Buying in the USA

Canadian interested in Detroit

Massimo Salerno
  • Investor
  • Montréal, Québec
Posted

Hi all!

Canadian here investing in The US.  I would like to start studying the detroit market.. any insight on this? Should I stay away for now?.. 

Cheers!

Massimo

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Ken Martin's profile image
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Ken Martin
  • Rental Property Investor
  • from Elmira, Ontario
  • Member since Nov 29, 2015
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Ken Martin's profile image
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Ken Martin
  • Rental Property Investor
  • from Elmira, Ontario
  • Member since Nov 29, 2015
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Ken Martin
  • Rental Property Investor
  • Elmira, Ontario
5
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13
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Ken Martin
  • Rental Property Investor
  • Elmira, Ontario
Replied

Hi @Massimo Salerno

I am also Canadian looking at investing in Detroit. I agree with @Richard Ball it is good idea to visit the city and meet some local investors Etc. I visited Detroit last week for that very purpose, attended a REI meeting and toured the city. It gave me a much better insight on which areas to avoid and where to invest. I don't think the Detroit market is for everyone but I feel it has huge potential for a certain type of investor if done carefully.

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