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All Forum Posts by: Cole Brittner

Cole Brittner has started 0 posts and replied 4 times.

@John Mason Good morning. Looking for around 100k asking price, although based on your response it’s perhaps much too low? I’m in Utah and 100k asking price would get me nothing which is why I’m searching other regions 

Quote from @Logan Laperriere:
Quote from @Eliana Ravazza:

Which zip codes do you recommend for investment in Detroi?


There are several great areas to invest. Detroit can vary block to block, it is best to work with a local agent who is familiar with Detroit and investing. 

 @Logan Laperriere I’m OOS and interested in the area. Is around 100k a high enough budget to have something attractive enough rented out each month?

Quote from @Travis Biziorek:

I have three tenants on Section 8. For a 3 bed/1bath home you can easily get $1,300/mo here in Detroit. And numbers I believe are up to $1,650/mo (or something like that) if you include utilities. I know they adjusted voucher limits higher again this year and we'll be pushing for increases on ours when they come up for renewal.


 Is there a specific area in Detroit you buy in for section 8 rental? I’m in Utah, not familiar with that area. I’m looking to buy my first rental for 110k or less, is that budget going to get me a place out there that will actually be rented out every month?