Saturday, August 14, 2010

Detroit is revamping...

In light of Detroit's government induced economic recovery, it will be interesting to see if my decision to not buy a glut of houses for a few thousand dollars each (and deal with the absurd insurance policies and code regulations) was correct or not.

2 comments:

Anonymous said...

Pirate

I would buy one property and focus. Or do all the buying under the protection of corporation. Look for some Obama money (haha).

ShadowStock
http://shadowstock.blogspot.com/

Anonymous said...

I am originally from Detroit and have family still there.

MOST OF THE REAL ESTATE IN DETROIT HAS A NEGATIVE VALUE. Stay away!

If you are intimately familiar with the city, you will lose your investment.

What has happened in Detroit is one of the great untold stories...