To the "Black people need to own property and practice group economics" people: How about Detroit?
- Thread starter Responsible Allen Iverson
- Start date
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- Tags
- detroit group economics
You can now buy homes that are rehabbed and ready to be moved in to: Building Detroit - Neighbors Wanted
@Responsible Allen Iverson what do i gotta do? I been sitting on some racks and would like to buy some property. I dont wanna live there anytime soon though
Construction and home reno jobs first comes to mind. What other work would suffice in a ground-up scenario?
LadySimone
Banned
The city of Detroit is auctioning houses at this website: Building Detroit
The houses start at $1000. They have to be brought up to code in 180 days, and if you are not a Michigan resident, you have to live in the property after fixing it.
Detroit is 83% black, so this is the perfect opportunity to own property and live in a majority black city where practicing "group economics" is easier. Imagine a city full of Coli dudes making six figures working in IT with certs out the ass.
What about the back taxes? Refurbs??
You can find the information you need on the website.
Action Mike
All praise..
CAN NON US CITIZENS PURCHASE? 
There are now houses listed that you can buy outright without entering an auction but you still have to get them up to code or demolish them in six months
Building Detroit - Neighbors Wanted
Building Detroit - Neighbors Wanted
feelosofer
#ninergang
Hell you can basically get those houses redone with a low interest home improvement loan. Will probably run any where from 50-80k but this is how the hipsters do it. Get in on the ground level. While Detroit has some messed up ghettoes, the downtown area is fukking dope as hell and it's going to be the new silicon valley in a decade.
Tommy Knocks
retired
home improvement loan? hire some mexicans and get that lookin clean for 20k.
plushcarpet
Superstar
2 things about buying property in slums
- usually lots of back-taxes unless they get waived
- say goodbye to your siding, pipes, tools or any construction material you got laying around unless you've got eyes on the property 24/7, fiends are quick
it's really hard to rehab poor neighborhoods unless its done as a community effort
- usually lots of back-taxes unless they get waived
- say goodbye to your siding, pipes, tools or any construction material you got laying around unless you've got eyes on the property 24/7, fiends are quick
it's really hard to rehab poor neighborhoods unless its done as a community effort
