[quote=CA renter][quote=no_such_reality]Yes you can, you can move all sorts of places where investors aren’t competing with you for housing.
Below eight mile in Detroit is one. Go have your pick of housing.[/quote]
“Even though the city has more than 3 strikes against it. For some reason people like living in Detroit. Many have moved, but several hundred thousand have stayed behind. The most damming part of investing in Detroit, Mi is too many real estate investors are in Detroit. All investors want a good quality section 8 tenant, but there are only so many vouchers out there. The city now has a ton of nice rehabbed homes, but a smaller pool of high quality tenants to choose from. You really have to know marketing in Detroit if you want to survive. Because if you run out of cash, you run out of luck….”
You need to read better, the first comment is 3 years old on that.
There were investors everywhere. And BP invests in the greater D area. But I’m talking south of 8 mile. They’ll basically give you many homes if you’ll just take it.
