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Updated over 1 year ago on . Most recent reply

User Stats

68
Posts
26
Votes
James Devoe
  • Architect
  • Wendell, NC
26
Votes |
68
Posts

Seeking advice on out of state investing

James Devoe
  • Architect
  • Wendell, NC
Posted

Hello Everyone,

I'm looking to do some out of state investing and I heard that Detroit is a very forgiving market for new investors due to the low prices of ownership.

I would like to do some affordable housing in the area, however, I'm still having doubts about investing in the area on account of the higher than average crime rate.

I know I can avoid problem tenants through proper screening, but I still want to avoid any problem areas for my tenants.

Does anyone have any sound advice on the areas to avoid and/or whether or not this is worth the investment?

Most Popular Reply

User Stats

1,727
Posts
1,851
Votes
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,851
Votes |
1,727
Posts
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Hey James, happy to help. I have 14 doors in Detroit and know the market well. Shoot me a message if you want to connect.

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