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Updated 9 months ago on . Most recent reply

User Stats

40
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13
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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

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1,778
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1,906
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,906
Votes |
1,778
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.

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