All Forum Posts by: Fawzeih Daher

Any advice on online lead generators for reaching investors? So far I have had success with Lead Galaxy. Anyone ever worked with Info Fox, ltbj.com, OS.invest or have other recommendation for purchasing investor leads? 

Thanks.

@George P. , I see where you're coming from.

Studies show the only positive economic impacts were those in which stadiums were located in downtown areas. With the new arena being located on Woodward as a connector between midtown and downtown, it is strategically located to can have the most positive impact on its surroundings (granted, it wont happen overnight). We should also note that baseball seasons have at least 81 home games a season and hockey averaging 41 per year. Surrounding the area, there are also plans for four new neighborhood developments including hundreds of apartments which will bring something more sustainable and consistent to the area. 

I agree @Account Closed! I'm a big advocate of the rise of Detroit and really hope this will continue to bring in new life to the city. I think if successful, it can be attractive enough to convince the younger generation to stay in the city rather than moving away for work.

Hoping the momentum will eventually spread into the suburbs and surrounding neighborhoods for some better housing opportunities. 

There has been progress in Detroit, but certain areas can be troublesome. There can be a lot of time and effort put into these cheap homes and some are additionally not in stable neighborhoods. A $50 property does sound a little too questionable and many additional expenses will be needed as mentioned above. To those looking to buy in the city, I would say working with the right team or really knowing the area and having experience are crucial factors. 

Hi @Emilio Basa welcome to BP! This is a great place to meet people, get advice, and find potential new opportunities. 

A recent article detailing the development plans of the new Detroit Red Wings arena and surrounding area covering 45 blocks including apartments, restaurants, and office buildings shows promise for the city's new super-sized entertainment district. How will this impact investing?

http://www.mlive.com/entertainment/detroit/index.ssf/2014/07/detroit_red_wings_arena_entert.html

Hi @Mike Sheppard 

Working with the right team and someone who has experience in the area will make all the difference in making a smart investing decision. Aside from the city, the surrounding Metro areas (Oakland, Macomb, and Wayne county) have been seeing nice improvements in inventory and sale prices as well.

Hi @Brandon S. Lewis welcome to BP.

Lots of valuable resources and networking opportunities here. I'm a rental home developer from Detroit and always looking to meet new buyers and investors. Happy to help and answer any questions you may have. Best of luck!

Fawzeih 

Hi @Eric Mason 

Welcome to BP. Happy to see another Detroiter! We have a rapidly developing market with some of the best deals in the country here. I'm always looking to meet new investors and buyers. Happy to help and answer any questions you might have. Best of luck!

Fawzeih 

Hi everyone, 

Here are some recent numbers attesting to increases in both inventory and sale prices in the Metro Detroit housing market: http://www.crainsdetroit.com/article/20140721/NEWS/140729979/metro-detroit-median-home-sale-prices-up-20-over-june-2013