An interesting article on the worst crime hit cities in America no surprise that Detroit is at number one
Nigel Kibel | Property Know How
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Nigel the vast majority of this crime as you can see is black on black crime.. drugs , gangs , etc etc. the number one killer of a black man in the US under 30 is gun shot…
I love myself a little bit of D-Town haha
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I live in Detroit. Not all parts are bad, but there are definitely some war zones.
If you know what you’re doing, and know the right areas, the cash on cash returns in Detroit for rental properties can be pretty hard to beat.
An interesting article on the worst crime hit cities in America no surprise that Detroit is at number one
http://joeforamerica.com/2015/10/10-dangerous-cities-america/?utm_content=buffer20922&utm_medium=social&utm_source=facebook.com&utm_campaign=laura_ingraham_bufferThe surrounding suburbs of Detroit can be very lucrative for renovation flips, however.
And while the city of Detroit has its bad spots, it can be a lucrative market for cash-on-cash returns, as far as rental property is concerned, if you know what you’re doing.
Whenever an area is down-stricken financially, crime usually follows. The good side to this from an investor’s standpoint, is that this means there are a lot of people that don’t have the credit needed to buy, so there’s a plethora of tenants that are good people that will take care of your unit.
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This reply was modified 8 years, 10 months ago by
Al's Well.
I love myself a little bit of D-Town haha
I checked out your website. Well done.
Do you have any properties in the Detroit area currently? Do you have any you’re looking to sell by any chance?
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This reply was modified 8 years, 10 months ago by
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