saginaw & detriot investors

[N/A N/A]

I have had good success in wasington state buying tax forclosures, so I decided to try it in michigan, I now own 2 houses in saginaw michigan, I have contacted a guy who owns lots of rentals in saginaw he advised me not to come if I planned on fixing to sell, but he said I could get $550 to $600 a month with section 8 renters, I have heard about the crime rates in detriot, flint, and saginaw, I would like some imput advice or encouragement from saginaw or detroit investors

[N'Teasha Brownlee]

I just transferred from Saginaw with the Navy. I was stationed there for 3 years. Begin stationed there and being a loan consultant I can tell you that you should looking into renting to the military personnel. I know there is not a hugh presence but that are people who have money either from being Reservist or Guardsmen coming back from mobilization or active duty member who are transferring in there. As active duty members we get Basic Housing Allowance every month. Also if you are having problems with them, this is one "company" you can complain about your tenants and the boss will get you your money. In Saginaw alone, with the center there you have maybe 30 personnel rotating in and out. Detroit there is even more. Think about contacting the Commands and set up a deal. But make sure the property is clean and liveable. In Saginaw that is a huge probably. I know from experience. Just my two cent, it is a plan that I have bounced around a few times.