Planning for Detroit - Who has the deals?
I'm currently looking into the Detroit market. I'd like to follow the BRRR model but not sure where to start. I have been looking on the north east parts of Detroit and West.
Would hope to find these numbers:
Purchase: 15k
Rehab: 20k
Rent: $700
any areas to look at more closely? Agents or wholesalers to work with? Contractors to...contract?
Most Popular Reply
I can't even get numbers like this living here. OOS... zero chance.
You can buy a $15k house.
You can buy in a decent(ish) area.
You can put $20k and make it rentable.
Pick two, but you can't have all three.