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Updated about 6 years ago on . Most recent reply

Leanne Robinson's profile image
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Leanne Robinson
  • Real Estate Professional
  • from Providence, Rhode Island
  • Member since Jan 19, 2016
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Leanne Robinson's profile image
Leanne Robinson's profile image
Leanne Robinson
  • Real Estate Professional
  • from Providence, Rhode Island
  • Member since Jan 19, 2016
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Leanne Robinson
  • Real Estate Professional
  • Providence, RI
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5
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Starting Out

Buying real estate in Detroit?

Leanne Robinson
  • Real Estate Professional
  • Providence, RI
Posted

Has anyone ever invested in Real Estate in Detroit? Is there potential ROI? Or will I be wasting my time? Please share your experiences and thoughts?

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Jamiel Strickland's profile image
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Jamiel Strickland
  • Rental Property Investor
  • from Detroit, MI
  • Member since Jun 1, 2018
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Jamiel Strickland's profile image
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Jamiel Strickland
  • Rental Property Investor
  • from Detroit, MI
  • Member since Jun 1, 2018
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Jamiel Strickland
  • Rental Property Investor
  • Detroit, MI
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Jamiel Strickland
  • Rental Property Investor
  • Detroit, MI
Replied

@Leanne Robinson

Yes, Yes, No. 

Detroit is just a place you have to more invested in as far as your team, knowledge, surroundings, and time. It is not about the money in Detroit since homes are priced low. It is everything else involved that matters more. When you can get that together you will have really good cash flow in all your homes you buy here.

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