Thinking about buying homes in the Detroit area. Trying to figure

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I live in newyork and I'm looking to invest in the Detroit area. Any suggestions as to what areas to look in and what areas to avoid. Thanks

[Joe Hammel]

@Steven Jefferson

I think I know what you’re looking for..

Here are some general pointers, if I’m correct.

1. Decent location B-, C, some C- neighborhoods

2. Small rehab, maybe a manageable BRRRR

3. 1.2%-1.8% deal so cash flowing $200-$400 per door

4. $50,000-$90,000 purchase price

5. 3 bedroom, Single Family Home

Locations:

1. Redford: buy $70-$90k — Rent $900-$1200

2. South Warren: buy $50-$90k — Rent $800-$1100

3. Taylor: buy $50-$90k — Rent $800-$1000

Plenty more locations +/- if you want A or B locations or looking for the 2%+ D locations in the city.

I Could be wrong in my guessing, but that’s the typical best help to a new investor in the area. Welcome!

Happy to Chat more..