Just copped 3 properties for less than a grand

[froggle]

so if I bought my $1 house, is it livable or are they all trap houses with nothing but gangstas and bodies in dem

 

[A Real Negga]

so if I bought my $1 house, is it livable or are they all trap houses with nothing but gangstas and bodies in dem

just cop as many as you can breh. a property is a property, you can tell the dudes in this thread were never good at the monopoly game. not everyone can own boardwalk you feel me

 

[MewTwo]

Crime is high and you have to worry about gang members squatting in your property.

 

[the bossman]

Not to mention, the city may fine you for owning a rundown house and force you to fix it.

This what makes buying the houses in Detroit so difficult, especially as an out-of-state investor who's not there all the time. Trash dumped on the yard is on you,housing not up to code is on you. Any fixtures you do put in are liable to get jacked within the week. all that plus property taxes it's just not as easy as it seems with detroit

 

[Brooklynzson]

I could do all the work myself...

But Detroit?....

 

[hayesc0]

thats crazy. if there were some indication of detroit somehow going on an economic and social upswing, people would be getting rich soon. too bad detroit is a toilet.

yeah eventually it will rich white people will eventually buy everything up rebuild it and poor people will be gone but he will have to sit on this for some time also will have to pay property tax

 

[newworldafro]

Reimagine the West African experience in Detroit...start the polygamous compound ...... one house for each of the three wives ..... Black Big Love on the cheap

 

[Mr swag]

That shyt is 0 beds 2 bath LMAO

 

[Mr swag]

http://m.detroit.curbed.com/archives/2012/03/buying-in-detroit-what-that-100-house-really-means.php

 

[CentricTongues]

The fixtures will get robbed with the quickness by type dudes. Better get you a rock solid Deebo type property manager who rides with the shotty and don't mind puttin' in work, otherwise even the f*ckin' wood for the stairs is gonna get jacked

Fatality.

 

[blackzeus]

Crime is high and you have to worry about gang members squatting in your property.

You roll up to your house and sh*t is lookin' like:

 

[#StarkSet]

My shyt I just took is worth more then half of detroit

 

[Mike Ock]

I got $20 on me....I'm about to buy the whole block

 

[cleanface coney]

not ONE nikka in here is from the D

 

[King Poetic]

to the OP

How about destroying the houses and wait for the city to "turn around" and resell land with nothing on it ready for a brand new house?

How HIGH can the tax be in a city where nothing works anymore? Taxes are also based on property VALUE. since there is none left...