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Detroit Investments Available

 

So why do we think that Detroit, is a good place to invest right now, I think you have to look at how the high foreclosure/repossessions started. As the Global financial crisis started to take shape, it severely impacted the real estate market causing a drop in home values, largely because of a lack of financial regulation on lending. Among the areas hardest hit was Detroit, Michigan. Obviously this has led to many government programmes to stimulate growth in the hard hit areas, which turns the crisis into a profitable opportunity:

  • Highest rate of foreclosure in nation (abundance of homes)
  • High ROI – Return on your investment dollar unprecedented
  • Affordable rent – Vast market of potential renters
  • Multiple government subsidy programs –Sec 8, FIA (no risk guaranteed income)

This is how  the press has received these opportunities;

  • "Investors flock to Detroit's housing market" - MSNBC
  • "Statistically it's a Great Time to Buy" - NY Times
  • "Detroit is Abuzz with Real Estate Deals" - CNN
  • "Detroit has Enticed Investors from as far away as the UK and Australia" - Fox NewsCurrent Investors: NYC, California, Chicago, Saudi Arabia, Dubai, UK, Israel

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