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Jamiel Strickland

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Is Detroit a good market to begin in for Newbie Investor?

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By Kyle Shankin, Alvin Neal, Jamiel Strickland
| BiggerPockets Verified
Rental Property Investor · Oakland County · Member since 2018 · 151 posts · 97 votes 7y Hi @Kelli P Detroit's on the rise, in the most recent annual city address, the mayor claimed that 3,000(ish) vacant homes have been purchased and are being renovated as of this past year, last year was something closer to two-hundred. However, I don't think it's a great spot for a newbie. A lot of the area's need cleaning up still and you may end up with a house that needs more repairs than it's worth.
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