DETROIT and MICHIGAN (#1 Defender answers questions)

[Richard Dunlop]

@Account Closed

I Live in Detroit. I proudly live in Detroit. But for the past couple of threads about my fine city I’ve stayed silent to see which direction it would go; but I’m back to answer any questions you may have about Detroit or Michigan. I’ll also answer some of the questions that weren’t completely answered or defended in other threads. I tagged the people that have asked me questions.

What do you think of Michigan

What do you think of Detroit?

[Stephen Lovett]

Greetings.  There is a lot of Detroit bashing that happens on BP and it really doesn't bother me either.  I have homes around the area, mostly in the suburbs.  But in the last 6 months, I purchased three properties, two of which are in Detroit.  I have also managed a duplex in Detroit for the past 10 years.  You do have to know what you're doing to invest here.  But isn't that true anywhere?  Would anyone buy a house in any city without understanding the neighborhood/ block/ street first?  Richard, I agree that I wouldn't want to be an investor in any other Metro area.  The general public's negative attitudes toward this region are actually part of the reason we have this opportunity.