CNN Money - Detroit the Best Rental Return In USA

[Andrew Fidler]

http://money.cnn.com/2014/04/16/real_estate/detroit-landlord/index.html

Mr Josh Dorkin Sir, in your face :)

Detroit is touted as 3x the national average for returns. (We don't have anything to say about the quality of renters necessarily, just that it's good ROI!)

Here in Toledo (one hour's drive south of Detroit) we have been seeing a definite uptick in activity and competition for foreclosed properties...Personaly, I've been doing some hard-shopping to flesh out the portfolio snagging 4 houses in as many weeks before the market changes. (Normally I can grab premium houses in the area for 50-75% of asking price and lately I lost 5 houses in a row before I started bidding 90-110% and got my four)

Changes are coming and Toledo and Detroit are getting their day in the sun...