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A smart businessman can make a mill off those houses in a few years. I'd do it if I got the proper doe.
So my cousins in the D just copped a house for 16k
- Thread in 'General' Thread starter Started by mangudai954,
- Start date
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That's great for a flip once Detroit gets up.
But for now, my condolences.
But for now, my condolences.
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i like this one.
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Originally Posted by LLC Money
They paid too much, you can cop a crib in certain parts of OH and the same slums your people purchased for 5-8K. I personally feel that both Michigan and Ohio should be null and voided as states, however if you have chumpchange, time, effort, and an optimistic view on the next 10 years there is profit to be had in both these fleabag states
that bad? i'm probably goin to Columbus after I graduate
phillypac
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A few years? We'll see. I dont know the exact situation in the D but this economy is takin a nose dive when inflation really hits.
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they overpaid. go down to the register of deeds and guys are selling for $1500 cash, clear and free with up to date taxes. no lie.
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Nice.
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Im sayin tho, you seent the house? $1500 is insane tho.
phillypac
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no one trying to live in Detroit regardless of the economy
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oh yeah?Originally Posted by LLC Money
You have no authority to speak on anyone or any creature's housing situation g
2 words
Rent Stabilized FTW
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I know a few dudes who are making investment portfolios with random Detroit property, and trying to lease them... the problem is alot of them can't collectrent. If you want cheap but good reliable foreclosure houses, its going to be on the west side of Michigan.
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That's a damn good price for a house....
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no you couldn't...if you bought them now and hung on to the houses for a while (years), maybe...
but right now, even if you fix it up, ppl don't want to move into these areas.
you'll have to wait for the AREA to get better/safer/attractive to home buyers.
and it's not like other houses that may be fixed up already are selling for hundreds of thousands.
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so i just went to realtor.com and searched for sub20k. it's also amazing the difference between taking a pic at night and in the day
16 gets you
10 bucks a square foot
16 gets you
10 bucks a square foot
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Originally Posted by DatZNasty
so i just went to realtor.com and searched for sub20k. it's also amazing the difference between taking a pic at night and in the day
16 gets you
10 bucks a square foot
Look like nice places to break into
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hope B. Rabbit don't burn it up.
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"It's so coooooooold in the D."
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Yeah I live in the D, was thinking about copin one of these joints fix it up myself and just go from there
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Ahhhhhhhhhhhhh shut up, u always on my meat bOriginally Posted by LLC Money
I'm not counting words, but nobody in here is talking about renting, they are talking about flat out buying run down housing for less than the jesus piece you put on 4 year lay-a-way, with the intent to fix it up and flip the place. The same way you have no business speaking on people's cribs, you have no business speaking on owning anything outside of jordans, polo sheets, and dandruff shampoo.Originally Posted by ninjahood
oh yeah?Originally Posted by LLC Money
You have no authority to speak on anyone or any creature's housing situation g
2 words
Rent Stabilized FTW
anyways...some of these houses have very nice vintage facades and architecture...
damn u can cop a a damn castle on da low to out there huh too....too bad ain't no one tryin to even breathe oxygen in anyone of these places let alone livethere.
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14k in Cleveland, 3200 sq ft, less than 5 bucks a square foot
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http://www.howardhanna.com/
type in these MLS #s and you can see what you can get in cleveland for a grand or so...look at the monthly mortgage payments. I saw one for 44 cents a month
3045479
3045479
3029708
2504990
just some examples.. that last one is almost 2200 sq foot for $1500.
type in these MLS #s and you can see what you can get in cleveland for a grand or so...look at the monthly mortgage payments. I saw one for 44 cents a month
3045479
3045479
3029708
2504990
just some examples.. that last one is almost 2200 sq foot for $1500.
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with prices that cheap, expect a influx of undocumented immigrants flooded those neighborhoods and actually galvanizing it and makin it betta.
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"How the %*#$ is we 'spose to keep peace?"
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