View the video blog or read the summary below If you’re investing and Detroit and think that all neighborhoods are created equal, you’re in for a rude awakening. You’re in a similar situation if you’re purely shopping by price and think that the cheaper you can buy a house in Detroit, the better off you’ll [...]

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2008 is already turning out to be a great year for real estate investors. With prices this low, in great neighborhoods, and rents going up across the board, this is really a no brainer. For those of you sitting on the sidelines wondering what to do, easy answer for you, BUY! The deals we are seeing are once in a lifetime prices. I doubt if we will ever see these prices again. Everybody talks about being in the right place at the right time, well, this is it. Buy single family houses in Detroit at prices that are so low it is ridiculous. I was having a conversation with my partner Jared and I was laughing at what we were saying. We were commenting on how cheap things were getting and how great the deals were getting. Six months ago, you had to buy junkers to get the deals. Now you can buy light rehabs for the same prices. Amazing isn’t it. If you don’t believe me, check out our current deals for proof. Bottom line here is get off of the side lines and get in on the action.

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