All Forum Posts by: Ndy Onyido

@Joe Conklin 

Congratulations! looks like you have got it all figured out :)

@Benjamin Hanson 

welcome on board.

@Evelyn Jordan 

Please share the contact with me also.....

Thanks all

@Wendell De Guzman 

Boy, you are on fire! its just 18th day of January!!!!!

Wao....am happy for you, Congratulations!!!! More to come...

@Joel Owens 

Thanks for your thoughts..

@Joe Villeneuve 

Thanks. Michigan is  not doing bad; and the rates are good..

@Riley F. 

Thanks, I do understand the intricacies. Each location and investment should evaluated on its merit and decision made without emotions. For me, I have no emotional attachment to any location or property, its all business!

Thanks again. 

@Alexander Merritt 

Thanks for your thoughts and these resonate with what @Joe Villeneuve pointed out earlier.  He noted that he had that initial cold feet at investing in Detroit but now see the light at the end of the tunnel. The folks out there running the city are business-minded and want to move things forward......

@Scott K.  keeps talking about millions and corporations but I do not agree with him....I have met retail investors from Canada here buying Detroit investment.  Even at that, when you see hedge funds going into a market, you ask yourself questions..

I totally agree with @Joe Villeneuve  that Detroit is not for out-of staters but with partnership with boots on ground, its time to begin to look closely at what going on there.

Do not let all the negativeness dampen your interest.....opportunities don't come dressed in ribbon!

@Scott K. 

Well, I do not know and that's why I raised the question. But I still think that there must be something that our friends from China see that we don't see NOW...may be a few years down the line, we may.....

Am not sure the whole Detroit is a war zone as you paint it? And the few good spot you see is in 10 years? well, that sounds rather gloomy..

Anyways, you are on ground and should know better, but it looks like what you say you see there are different from what we read in the papers and watch on TV....

@Joe Villeneuve

Using neighborhood folks for security is wise strategy that works like magic......the become your eyes and protect your interest. But beyond that, security will become less of an issue as the city picks up economically and from the way things are going, it will not be long.

@Scott K.

You don't seem to see any light in Detroit in the near future as an investment opportunity. I think it will profit those with enough financial muscle to withstand the gestation period of the investment.....I really will not want to wake up in 2018-2020 with regrets...why didn't I but when it was 2015!!!!

I have a friend who had some cash in 2008 and bought two 3/2 in Houston Texas for $25k (both). I was filled with envy when he told the current appraisal for the properties as at November 2014.