10 April 2025 | 0 replies
i can't take my eyes off islandview and east village - so many new builds in these up-and-coming areas. plus land is cheapest there (of the new build neighborhoods).these are the 10ish neighborhoods in detroit where developers are building new housing stock.30+ new build sales in last 12 months: half sold for $227-300 per sqft. half sold for $301-418 per sqft.build to rent: new builds rent for $2.00-2.57 per sqft.in our R2 zoning, you can build a duplex by right, and you can build up to 8 units with site plan approval (there are minimums, likes frontage and lot square footage requirements, but there's a lot of potential with our zoning code). what do you think abt these prices per sqft?
10 April 2025 | 6 replies
Quote from @Ian Carter: A house in the our ideal neighborhood is coming up for foreclosure auction in the next month and we are trying to determine whether we could buy it from the current owners prior to the auction.
10 April 2025 | 13 replies
You will have to shop around.
11 April 2025 | 5 replies
For your target returns, focus on finding properties in up-and-coming neighborhoods or those that need light renovations to get the most bang for your buck.
11 April 2025 | 6 replies
Stick to solid neighborhoods near downtown; avoid high-crime areas.It’s not a bad time to buy if the deal cash flows.
11 April 2025 | 15 replies
There are so many amazing REI opportunities across the country —where prices are investor-friendly, homes are turnkey (new builds or fully rehabbed), and both home values and rents are appreciating.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
10 April 2025 | 9 replies
It’s definitely wise to shop around, but also make sure the QI is experienced and reputable—mistakes in these exchanges can be costly down the line.If you're navigating a sale and aiming to structure everything properly from a tax standpoint, it's great that you’re asking these questions early.
10 April 2025 | 7 replies
Well worth the $10,000 expense.For SFR, appraisers generally look to see the character of the neighborhood.
9 April 2025 | 17 replies
You can create your own methods and one stop shop by creating your own leads.
10 April 2025 | 2 replies
Account Closed the interactive map on our website lists 183 Detroit Neighborhood and classifies them as Class A, B, C or D.Maybe we should chat?