Investor · Saint Clair Shores, MI · Member since 2014 · 14 posts · 3 votes
9y
I use both "Greater Macomb Title" in Sterling Heights and also "Chirco Title" in Saint Clair Shores a lot. I have been very pleased with both of them so far.
As far as locations Hazel Park and Madison Heights are good. Depending on your strategy there are a lot of areas that have very good investment opportunities.
For mid priced flips: Sterling Heights, Chesterfield, Saint Clair Shores, Northern part of Warren, Ferndale and more
Higher-end flips: Royal Oak, parts of Berkley, Troy, Birmingham, Bloomfield, Rochester.
High cashflow rentals: Roseville, Eastpointe, St Clair Shores (if find good deals), Warren.
Depending on your strategy, goals, expectations, and team there are a lot of great investments to acquire in the Detroit area. I wish you the best of luck!
Investor · Royal Oak, MI · Member since 2014 · 26 posts · 0 votes
10y
Hello Hector! those are good areas. I actually started my first 2 rentals in those very cities. Very happy so far. I'm also a realtor so when you're in town I'm happy to help you out if you need anything.
I would add that there are good and bad investments in any area, especially in Detroit and the Metro Detroit area. It is important that you work with someone who is very experienced in the market and can help match your risk/return comfort level with the right property/neighborhood. You also want to have a strong boots on the ground team/property management you trust.
There are some great real estate groups for example MetroDetroitRealEstateInvestorsGroup
We specialize in turnkey properties in the Metro Detroit area, so if you have any questions in that area let me know.
Investor · North Bay, Ontario · Member since 2015 · 709 posts · 262 votes
10y
Detroit is a block by block city you need good boots on the ground to negotiate it but even with that said it is a great place to invest.. love working there lucky to have a strong boots on the ground team/property management that I have met and trust
Flipper/Rehabber · Houston, TX · Member since 2012 · 176 posts · 75 votes
10y
Thanks @Robert Syfert for the feedback, I will have boots on the ground, before getting started, just looking for feedback about areas investors like in Detroit metro area, not interested in the inner city at this time just subburbs and an investor friendly title company.
@Linda Labbe, thanks for the comment, At this moment I am looking for feedback in areas other investors like. I will have a strong team on the ground when I start, but at this moment I am doing my due diligence, so i am looking for potential contacts or title company information that I can meet when I visit the area by the end of the month
Investor · Saint Clair Shores, MI · Member since 2014 · 14 posts · 3 votes
9y
I use both "Greater Macomb Title" in Sterling Heights and also "Chirco Title" in Saint Clair Shores a lot. I have been very pleased with both of them so far.
As far as locations Hazel Park and Madison Heights are good. Depending on your strategy there are a lot of areas that have very good investment opportunities.
For mid priced flips: Sterling Heights, Chesterfield, Saint Clair Shores, Northern part of Warren, Ferndale and more
Higher-end flips: Royal Oak, parts of Berkley, Troy, Birmingham, Bloomfield, Rochester.
High cashflow rentals: Roseville, Eastpointe, St Clair Shores (if find good deals), Warren.
Depending on your strategy, goals, expectations, and team there are a lot of great investments to acquire in the Detroit area. I wish you the best of luck!