All Forum Posts by: Scott K.

LOLOL well yeah.  But he's looking for good rental markets.  The buy in in RO is very high.  Royal Oak is getting transformed right before our eyes.  Its amazing.  But he wants rentals.  Get the most bang for the buck in HP, Warren, Oak Park, Roseville, Eastpointe.

That's biggest problem when it comes to the Detroit area is that people get confused about what is best for flipping and what is best for flipping.  They are completely different concepts.

Highland Park is a wasteland.

Hazel Park and Warren are good.

Ferndale is real strong but please be careful as many shady people are trying to sell Royal Oak Township properties as Ferndale as they share a zip code.  Its tough to find a deal in Ferndale.  Its hot hot hot.

Nothing wrong with Hamtramck its a good place for the hipsters that have gotten priced out of downtown Detroit.  Key in the Ham is a duplex with a garage.  Parking is a nightmare.

South Warren is for rentals.  Try to be as close to 9 mile as possible.  But I just sent yellow cards to S Warren and most people wanted high prices since they were making great returns.

HAHAHAHAHAHA what a joke.

#1 yes you have a big house.  What neighborhood is it in?  That house is worthless as a rental house.  You bought that house to live in.  That's not an investment that is where you reside.

#2 Detroit is good for flippers.  Not for rentals.  The house you live in would be a nightmare for a rental property.  Why would someone rent that huge house and have to pay to heat it in the winters.

How many more properties do you have?  If you have none than you are clueless as to the real world in Detroit.

The second picture looks like its in Corktown to me.  Corktown is completely different type of neighborhood compared to Detroit.

I have been the opposite of you.  I have saved BP member thousands in the last year.  I have invited them in and have given them tours of the good the bad the ugly.  I also show them our great suburbs when you can buy a house for 35-40k and get 800-900 a onth for rent.  I know that for a fact (I Have a few of them)

I show them just how much 3 miles means in these types of cities.  LOL the NYer's and Cali guys get a little skittish when I tell them its ok I have my guns with me.

How many people have been killed this last week.  I lost count after 10.  You can't even cut your grass or get gas in the city without getting shot.

I speak the truth.  This is the way it is.  Crime is out of control in the city.  The biggest problem with Detroit is the Detroiter's.

I am glad you picked up a good deal and its good for the neighborhood that you are living there and giving it a go but don't blow smoke up people's rears. 

I would buy all the vacant lots up behind the Motor City Casino as I think that's the next section that would be easiest to rebuild 

That's why I try to help the people from NY and CA.  They come out here and I try to show them whats going on.  I need to start charging for this lol.

The Assie lady went to a seminar with her friend and before she knew it she was signing up. 

It does nothing to help the city of Detroit to get these people properties that will get ripped off and just dump these properties.  The houses turn to garbage and now the city has even more blighted properties.

I am dealing with Aussies as well.  Not sure who over there is spewing this nonsense to these people over there but they are getting screwed and the PM's are all part of it.  Scumbags all of them.  The lady I have tried to help is in a bad spot.  3/4 houses are in the hood.  The other is in the inner ring suburb that will make some money but she over paid for all of them

South Warren is real cheap right now. Not sure why you would try to sell it and not use MLS.

whats the cross streets of this property.  Sounds like its south of Toepher

I'm in.  All the way from the D.  Maybe I can convince them to drive north and hit Detroit on the way back.

2 legends of BP hell yeah

hahahahaha this will be a complete fail.  THis is stupid.  Most of these loans in 5 years will be unpaid.  Didn't we learn anything about people not having any skin in the game.  Typical liberals and stupid plans to bury people in debt.

The east side is a hellhole

Why would you fear of being negative.  I hate that way of thinking.  It is what it is.  Stating facts are never negative.  The facts are prices at going up

this is pie in the sky BS.  They just got rid of all their debt and now they think this is a good plan.  How damn dumb.  There are only so many people in the city.  Hey I have a plan.  People learn to drive in the city and pay their own way