Research on Michigan cities

[Montez B.]

Hey everyone on the Bigger pockets ! I live in Michigan looking for a investment property(2-4 units) just wanted to reach out and see what website can I use to get the economy growth for each city in Michigan for 2022. If it’s not possible what are some strategies you all use to determine which area is a good location in Michigan to invest in ? I’m looking for a good Cash on Cash return,low crime, great schooling, great jobs and decent appreciation. In 2022 what areas in Michigan did you all come across that has this criteria ? And where did you find this information? I appreciate you all a lot hope to network with you all soon!

[Joe Hammel]

@Montez B.

As a agent team that's focused on investing and investors we get all our data and analytics from the MLS.

We love Metro Detroit and in particular the suburbs.

My entire portfolio is here and every agent on our team owns properties here and we all love them.

We send out a monthly newsletter with the past month area statistics. We can send it to you if you’d like.

Purchase: $80k-$130k

Rent: $1200-$1500

ROI: Double Digit

Cash flow: couple hundred/month

Appreciation: Double digit (for past 10 years, will gladly send data)

Location: C, B- (suburbs and certain markets)

We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

The bad reputation comes from OOS investors wanting $20k D market properties.

Investors can retire (FIRE) in a few years with these.

We love them.