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Updated 5 days ago on . Most recent reply

Aishan Gonaduwage's profile image
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Aishan Gonaduwage
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Out of State Investing

Rental properties in Detroit

Aishan Gonaduwage
Posted

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? 

Detroit, Michigan
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Travis Biziorek
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  • Arroyo Grande, CA
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Hey Aishan, I personally own 12-doors in Detroit and I live in California. I also assist folks (largely OOS investors) get started in the market there.

I'm happy to connect, chat about the market, and send you a ton of resources.

The city has been seeing a huge resurgence that goes back 10+ years now. I'm surprised you're still hearing negative things about it considering there's been so much positive press and chatter lately.

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