Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Market Trends & Data
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 8 months ago on . Most recent reply

User Stats

40
Posts
13
Votes
Michael Oliver
  • New to Real Estate
  • Michigan
13
Votes |
40
Posts

Looking into Detroit but SO scared

Michael Oliver
  • New to Real Estate
  • Michigan
Posted

Hello.  I have been lookin into pulling the trigger on deals in Detroit that are already occupied.  Seems like automatic cash flow.  But seems too good to be true.  And super risky.  Anyone in Detroit with any info?

Most Popular Reply

User Stats

1,728
Posts
1,852
Votes
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,852
Votes |
1,728
Posts
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Hey Michael, looks like you've got a few uninformed responses here so I'll provide you one from someone that actually invests in Detroit.

I live in California now and have 12-doors in Detroit. I'm still actively investing but I help others get started there as well.

The city has been insanely good to me and my family, but yes... you do need to do a lot of due diligence and/or work with someone that REALLY understands the intricacies of the market. Happy to connect and see if I can be helpful.

Loading replies...