first off... I think @88m3 and a few other posters are into property. Idk about me giving advice, because I'm just some random nikka w properties. First one I encouraged the black owners not to sell and then acquired it later... now cac are forming at the mouth trying to get it the way they snatched all the other good shyt. 2nd one my (lets just call him) my 'boy' AKed someone and went to jail.. through a ton of fukkery and relationships I was able to get it. 3rd one is in bad shape, but in a developing area,,, I purchased a list, I missed the auction for it
but just got it anyway for the potential. I have my eye on something that I can't afford right now, but my 'lady friend' will acquire a random 20k in oct and might help me out... so we'll see.
Do you live in Detroit? If you're in New York - ur gonna need maddd money to make maddd money. In Detroit your gonna need money to buy something cheap looking then fix it and sit on it or rent it out. People say "I don't want some piece of crap in a bad area" But those are black people talking shyt... and ignorant white people. the people in the know... you see them working. I see brand new windows and random wood on random houses in what used to be bad areas. That's the way to do it. Or you can just search and search and search for a gem. People drive down my street daily just waiting. Patience is a future.
What is one of the hottest topics in Chinese Social/Business Media (Weibo) --- *clears neck* Detroit housing market.
Read more:
http://www.foxnews.com/us/2013/07/2...it-comeback-buy-up-real-estate/#ixzz2aTDXp17L