Just copped 3 properties for less than a grand

[marcuz]

i can ASSURE you those houses need MAJOR work in them before they can be made livable

anyone got pics of the inside of some of these houses look like? i imagine they're basically gutted from the inside out.

 

[MikelArteta]

everyoen on the coli should buy a house we can take over a block an dbuild like sim city

 

[Momentum]

Just hold it and pray someone wants to buy the land.

I have a close family friend that got a nice chunk of change from a gas station

 

[WheresWallace]

Yall nikkas think is a game...them Chinese are in detroit snatching up property.

http://motorcitymuckraker.com/2013/...rs-start-gobbling-up-cheap-houses-in-detroit/

 

[Dada]

No thanks. I live in the area and could've bought a house here a long time ago. The property taxes are extremely high. You can buy a home for $1 but then have $13,000 in property taxes attached to it. Even if I could get past the crime, which I can't, that's not good business. Same reason I wont buy in Cleveland.

There are deals to be found in surrounding areas with less crime (much less than ideal but less crime than the area we're talking about) and with a fraction of the property taxes. Plus, the homes are in better shape and not picked clean.

 

[Scientific Playa]

Chinese Investors Snap Up Property in Bankrupt Detroit
By Eric Baculinao

http://www.nbcnews.com/news/china/chinese-investors-snap-property-bankrupt-detroit-n253186