If you wanna be a homeowner, move to the midwest

[Sunalmighty]

Imagine living in arkansas, brehs

avoid Little Rock (unless we talking West Little Rock around the Chenal area)

shyts more of a retirement state actually. but all of my moms and pops side of the family is from there and within the last 10-12 years they all retired, sold all their property, left the bay area and relocated back to Arkansas - Maumelle and Sherwood to be exact. those areas are built up with PLENTY of amenities and nice ass houses. but they are older, but their children (my cousins that are younger than me) moved there as well. two of them are Registered Nurses.

they are doing quite well..

you gotta get in where you fit and stretch your cash, plus i bet they houses and neighborhoods are probably nicer than were you live.

 

[Sunalmighty]

In Detroit you can buy two and four family flats for only $1K. You gotta put about $15-20k in them to fix em up but that will pay itself off in a year and a half charging $800+ rent per unit. Then after that it’s all profit.

Think I’m lying? Go to www.buildingDetroit.org

them houses look like shyt bruh i wouldnt be suprised if most of them are teardowns and you stuck with just the lot

15-20k in rehab costs would be a fraction of what it would cost....electric, plumbing. roof and inflation that affects the prices of these materials PLUS labor if you cant do the shyt yourself.

raises the stakes exponentially

 

[Swirv]

Kansas City seems like a cool place to be

 

[EastsideRio]

them houses look like shyt bruh i wouldnt be suprised if most of them are teardowns and you stuck with just the lot

15-20k in rehab costs would be a fraction of what it would cost....electric, plumbing. roof and inflation that affects the prices of these materials PLUS labor if you cant do the shyt yourself.

raises the stakes exponentially

Clearly you’ve never renovated an abandoned house before breh

I have four rentals and the last one I didn’t even spend 12k renovating. Look for homes with minimal work needed of course and stay away from foundational issues, roofing issues and many window replacements because that costs more than anything else. Plumbing and electrical I can get done for dirt cheap and everything else is walls and floors. I can hit a local habit for humanity store here and get lightly used kitchen cabinets, stove and fridge for under $400-600 depending on what’s available.

I’ve been doing this since 2017 and let me tell you this is the easiest lick since PPP.

 

[BigMan]

midwest is one of the worst places to be black so nah

 

[Sunalmighty]

Clearly you’ve never renovated an abandoned house before breh

I have four rentals and the last one I didn’t even spend 12k renovating. Look for homes with minimal work needed of course and stay away from foundational issues, roofing issues and many window replacements because that costs more than anything else. Plumbing and electrical I can get done for dirt cheap and everything else is walls and floors.

I’ve been doing this since 2017 and let me tell you this is the easiest lick since PPP.

i understand where you coming from but the ones i saw on the first few pages looked fukked. not to mention everybody dont got that skillset like you, so they contracting out labor which is insane compared to cost of materials

 

[EastsideRio]

i understand where you coming from but the ones i saw on the first few pages looked fukked. not to mention everybody dont got that skillset like you, so they contracting out labor which is insane compared to cost of materials

Nah Fam, everybody getting into this are not contracting out because it’s too expensive all you need is time to learn on YouTube or Facebook and a small amount of cash and you can get started. I’m in a Detroit LandBank group now on FB where I just found a connect on cheap masonry work. This shyt is easy out here in the D because we have over 70k homes that are abandoned and that’s not including what’s owned outside of the program.

 

[JetFueledThoughts]

St Louis > LGBTQ Gaylanta where you reside

Hahahahaha definitely not my man, definitely not.

Enjoy St. Louis tho

 

[EastsideRio]

midwest is one of the worst places to be black so nah

Gary, IN, and Detroit are the two blackest cities in America

 

[dr. pill biden]

Clearly you’ve never renovated an abandoned house before breh

I have four rentals and the last one I didn’t even spend 12k renovating. Look for homes with minimal work needed of course and stay away from foundational issues, roofing issues and many window replacements because that costs more than anything else. Plumbing and electrical I can get done for dirt cheap and everything else is walls and floors. I can hit a local habit for humanity store here and get lightly used kitchen cabinets, stove and fridge for under $400-600 depending on what’s available.

I’ve been doing this since 2017 and let me tell you this is the easiest lick since PPP.

nikkaz be like “the cost of living in detroit is so cheap!” and the so called cheap housing they’re speaking of is an $15K abandoned rats nest with $10K worth of cosmetic repairs done to it nikka what


on a serious tip tho how much did your crib in the nice area cost though? and is it detroit proper or in the burbs?

 

[REdefinition]

Didn’t expect South Carolina to be so expensive

SC not on that list/map or am I tripping?

 

[EastsideRio]

I’d rather live like a king in some third world country than move to the Midwest.

Keep paying rent to Texas CACs with guns brehs

 

[ItsPeople]

yeah this the lifestyle i live now in the midwest country nikka shyt and then traveling hours away to get big city food/nightlife/culture im use to

but unless you are already feeling this type of activity and maybe looking to raise a family or pawg in peace i would never say just move here beause its cheap hell naw.

to each their own tho i guess

I wouldn’t recommend pawging in the sticks.

 

[BigMan]

Gary, IN, and Detroit are the two blackest cities in America

Gary is a horrible city and Detroit is just ok as far as black outcomes.

Michigan has a <40k median income for black people. Link: Black Household Income Rises Across the North Central Region - North Central Regional Center for Rural Development.

36k in Detroit metro area. Link: Median Black Household Income, 2019 - Social Explorer

There are plenty of black cities in better states with better outcomes.

 

[EastsideRio]

nikkaz be like “the cost of living in detroit is so cheap!” and the so called cheap housing they’re speaking of is an $15K abandoned rats nest with $10K worth of cosmetic repairs done to it nikka what


on a serious tip tho how much did your crib in the nice area cost though? and is it detroit proper or in the burbs?

You got it backwards… 1k house $20k repairs breh

And I’m in an affluent Detroit proper neighborhood that just appraised at $240k (but I didn’t pay that)

Come to Detroit breh, I’ll show you how to ball