Brush Town vs Corktown Neighborhood for investment property

[Ryan Svedin]

Hi,

Very new to BP and real estate investing. I am looking to purchase my first investment property and have been looking into Detroit. It seems that Corktown is one of the best neighborhoods to visit / live in due to all the restaurants, coffee shops, pubs, great walk score, etc. How does Brush Park compare against it? I found a very nice condo over there but the walk score is a bit less and there doesn't seem to be very many restaurants / pubs / coffee shops nearby.

Haven't decided yet if STR or LTR as still early in my research. Any advice here would also be appreciated.

Thanks!

[Ryan Svedin]

Quote from @Greg Miller:

Quote from @Ryan Svedin:

Hi,

Very new to BP and real estate investing. I am looking to purchase my first investment property and have been looking into Detroit. It seems that Corktown is one of the best neighborhoods to visit / live in due to all the restaurants, coffee shops, pubs, great walk score, etc. How does Brush Park compare against it? I found a very nice condo over there but the walk score is a bit less and there doesn't seem to be very many restaurants / pubs / coffee shops nearby.

Haven't decided yet if STR or LTR as still early in my research. Any advice here would also be appreciated.

Thanks!

Both of these areas are good areas with lots of new investments. Detroit in general does not have great walking scores as its the home of the automobile, but brush park is definitely more centralized making the future walking score rise, where Corktown, although a lot going on in the area, doesn't directly neighbour another area, so walking to another area is a bit of a hike currently. With all the new bike lanes going in, the riding score should rise too!! Both are great areas for STR, but again, brush is centralized around all the main venues/arenas.

 Thanks Greg for your insight! I was a bit nervous about Brush Park but am excited to visit the area now and check out the properties on my list.