All Forum Posts by: Richard Dunlop

You guys that trash me about talking about Detroit, if it's so darn good, why aren't you living there?  Lot's of beautiful houses there.  I don't see you knocking down the doors to move there.  And their cheap too? 

Just sayin!

Nancy Neville

Nancy and her husband quit landlording in the city six years ago. Six long years ago and they spent the worst thirty years of the cities history riding the big wave down. I can understand why they are bitter. But using outdated experiences backed up with news taken out of context doesn't do anyone any good.

...I am not throwing out blanket defenses of the city and it irritates me when I see people throw out blanket condemnation of the city.

This is an excellent summary!

Yeah... what are you looking to do?  I thing Detroit is great for buying to rent in the right neighborhoods... just be careful because it's sometimes easy and tempting to buy too much house. 

are there any investors from Detroit who could give an ameture advice on how to start

@Stephen Lovett

Not to be the raging capitalist, but the more one discusses amazing deals, the faster they will disappear. Investors are very predictable that way.

Thanks @Richard Dunlop.

Yes.  My returns are incredibly good.  Better than anything I've heard from other investors.  They might even make your head spin.

Greetings everyone!  My name is Steve Lovett, and I'm a landlord in Metro-Detroit.  I have 8 rentals and have rehab and management experience.  I learned about BP initially when listening to Brandon's book on Audible.  Then I discovered the podcasts on Stitcher.  What an amazing wealth of information!  So I HAD to join BP and look forward to interacting with everyone.  I invest in a unique area with some amazing returns, and am looking to add some flips to my real estate portfolio this year.  I look forward to interacting with the community on this site.

@Ross Ellington

...It doesn't really help that I naturally distrust anyone and everyone who is selling something. Any pointers on getting around that? More specifically, do you have any thoughts on how to handle the sort of cognitive dissonance that I know I'm going to experience when I start pursuing real estate deals? (IE I hate people selling me things, but I'm going to have to be a salesman of sorts myself if I hope to be successful.)