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All Forum Posts by: Marwan Zoweil

Marwan Zoweil has started 1 posts and replied 2 times.

Post: BRRR in Detroit area

Marwan ZoweilPosted
  • Ramsey, NJ
  • Posts 2
  • Votes 0

Hi, I'm looking to make my first move into real estate and I'm thinking I'd like my first deal to be a BRRR property. Although I live in NJ I really like the prices and rents in the Detroit area, so this is definitely going to be a challenge long distance.

Any tips on how I should start.

What zip codes should I look in ?

Areas I should avoid ?

I'd like to invest in SFH rather than MF for now.

Am I taking on too much for my first deal ?

I can't really BRRR in NJ because prices are just crazy right now, so I'm trying to find other markets but I'm just concerned about not living near my property.

@Keith Jourdan Hey Keith, I live in NJ and I’m very interested in investing within the Detroit area. I’ve heard the price to rent ratio is great over there. This would be my first ever real estate investment and I have so many questions. For starters, what zip codes would you think are best for a beginner like me to search in if my intentions are to become a long distance landlord/investor ?