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All Forum Posts by: Francys Ramirez

Francys Ramirez has started 2 posts and replied 5 times.

Post: Section 8 Investing in Detroit: The 3 Best Neighborhoods for Cash Flow

Francys Ramirez
Pro Member
Posted
  • Realtor
  • Metro Detroit, MI
  • Posts 5
  • Votes 4
Quote from @James Wise:

If you are going to invest in Section 8 housing in Detroit, you are going to want to make sure you are buying your Section 8 properties in up & coming neighborhoods. In a city as dangerous as Detroit, you can lose a ton of money buying Section 8 homes in the wrong neighborhoods. During the 93rd episode of The Ask James Wise Show, Section 8 investing expert James Wise is discussing 3 of the best Section 8 neighborhoods in Detroit, Michigan. Subscribe to HoltonWiseTV to learn more about Section 8 real estate investing in the Detroit real estate market.

CLICK HERE TO WATCH THE VIDEO

Section 8 Investing in Detroit: The 3 Best Neighborhoods for Cash Flow | Ask James Wise 93

Shout out to @Drew Sygit & his team at Logical Property Management for helping to make this video possible.


 This is a great share! I plan on watching this tonight! Most clients are looking for section 8 tenants so this could be informative. Thanks! 

Post: Empty Lots - Are they worth it?

Francys Ramirez
Pro Member
Posted
  • Realtor
  • Metro Detroit, MI
  • Posts 5
  • Votes 4

I have a client who is considering investing in an empty lot in Detroit. People are under the impression they will make a fortune holding on to these empty lots, but I am not so sure. There is of course taking into account the area and if it is getting some life pumped back into it, sure you might have a builder or buyer wanting to put a house on it.

I would love to hear from anyone with experience on holding on to an empty lot and just taking the hit on the taxes until you can sell for a large price. 

TIA!

Post: What are you seeing in the market?

Francys Ramirez
Pro Member
Posted
  • Realtor
  • Metro Detroit, MI
  • Posts 5
  • Votes 4

Wow Travis, this was very helpful and appreciate the insight of what is to come! 

Post: What are you seeing in the market?

Francys Ramirez
Pro Member
Posted
  • Realtor
  • Metro Detroit, MI
  • Posts 5
  • Votes 4

I am looking to begin working with investors and eventually start my won portfolio! 

Post: What are you seeing in the market?

Francys Ramirez
Pro Member
Posted
  • Realtor
  • Metro Detroit, MI
  • Posts 5
  • Votes 4

New to investing and relocated to the Metro Detroit area. Joined BP because I am eager to learn and soak in as much information about the industry to assist my future clients on their investment properties. Would like to hear what are some key things to be aware of in this area when selling/buying properties? Are you seeing more investors stepping in to the Detroit market ?