U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > Michigan > Detroit
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 05-26-2008, 07:55 PM
Location: Garden City, MI
695 posts, read 3,161,909 times
Reputation: 152


Yeah that's the SW Detroit area.
Reply With Quote Quick reply to this message

Old 05-27-2008, 12:19 AM
6,791 posts, read 7,315,856 times
Reputation: 6973
Originally Posted by novice1 View Post
these are investment properties which I want to buy and rent to provide retirement income. I am not looking to live there, but wanted to know if i SHOULD INVEST MY LIFE SAVINGS THERE. THANKS AGAIN.
I wouldn't risk my life savings on any real estate in Michigan. I'm probably one of the most positive people here about MI and Detroit, but it's quite risky. Who would be managing the properties? In the areas you are looking at, you would want to be careful about renters causing problems and not caring for your property. You probably won't be getting the gentrifying types there.
Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Loading data...
Based on 2000-2020 data
Loading data...

Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Michigan > Detroit
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 07:54 AM.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top