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James Devoe
  • Architect
  • Wendell, NC
26
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Seeking advice on out of state investing

James Devoe
  • Architect
  • Wendell, NC
Posted

Hello Everyone,

I'm looking to do some out of state investing and I heard that Detroit is a very forgiving market for new investors due to the low prices of ownership.

I would like to do some affordable housing in the area, however, I'm still having doubts about investing in the area on account of the higher than average crime rate.

I know I can avoid problem tenants through proper screening, but I still want to avoid any problem areas for my tenants.

Does anyone have any sound advice on the areas to avoid and/or whether or not this is worth the investment?

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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,962
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Hey James, happy to help. I have 14 doors in Detroit and know the market well. Shoot me a message if you want to connect.

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