Foreigners Buying in the USA
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 about 8 years ago,
bought a house in Detroit BLIND
Just wanted to get an overall take on where im at so far. Heres the details. Bought a house on the eastside of Detroit on Tacoma and Hayes for $5200, 3 bed 1 bath, single car garage . Put about 4000-5000 in it to get it rent ready and here I am. I have a pretty solid tenant moving in January 1st for $550 a month. (No PM). So what im asking is what do you guys think so far? Im about 10k in about to get a renter in but am not %100 what to do after this. Should I buy more property on the street/area or just sit and wait to see how things pan out?? Also im from Canada living in California so im always flying around but at the moment im just guarding this house in Detroit till the 1st