Just a warning for investors looking for cheap US investment properties.
I have recently deat with a UK company called Dollar Property Investments. There are sourcing and selling cheap properties in ROchester, Buffalo and Detroit. With the prices you pay do not expect perfection. The house I recently purchaed was advertised as above standard, nothing needed to be done. Counds like a good buy. Untill the city wanted to inspect it due to the sale. I received 35 violations and it cost around $5k to fix it all. This house was inspected and clasified as excelant. I would be very cautious dealing with Martin from DPI. All talk and will not back up his statements.
You have picked about the worst cities in the US to buy in. If thats all you can afford do not bother. I am amazed at how many people are simply happy to through there hard earned money away.
Nigel Kibel | Property Know How
http://propertyknowhow.com.au
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