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Updated over 5 years ago on . Most recent reply

Account Closed
  • Bronx, NY
27
Votes |
94
Posts

Is Detroit a landlord friendly city

Account Closed
  • Bronx, NY
Posted

I'm considering investing in Detroit realestate. Was wondering is it a landlord friendly city or does it take forever to evict a tenant

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Drew Sygit
#2 House Hacking Contributor
  • Property Manager
  • Royal Oak, MI
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Drew Sygit
#2 House Hacking Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Steven Jefferson: It's different in Metro Detroit versus City of Detroit.

City of Detroit Landlord Challenges:

  • EVICTIONS: MAY take longer if you don't know what you're doing OR if a judge is having a bad day
  • INSPECTIONS: city requires a rental inspection every 3 years that is an par with those required in the suburbs, but also requires a lead-based paint inspection annually.
  • THEFT: vacant properties are broken into and furnace & HWH stolen. They also seem to disappear when a tenant is being evicted.

Again, these issues are minimized if you invest in Metro Detroit, which offers some of the best returns in the country.

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