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Updated about 2 months ago on . Most recent reply

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Rental properties in Detroit

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I am seeing good deals in Detroit that could cash flow in the current market. I’ve heard that Detroit is not a good place to invest as it is a city on the decline. Does anyone own rental properties in Detroit? Is it a good choice for investment? 

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Drew Sygit
#1 Multi-Family and Apartment Investing Contributor
  • Property Manager
  • Royal Oak, MI
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Drew Sygit
#1 Multi-Family and Apartment Investing Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Aishan Gonaduwage what specifically have you read, and how OLD was it, about Detroit being on the decline?

Population is growing, NFL Draft was the BEST EVER attended, prices are up over 20% last year, etc.

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Logical Property Management.
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