How are you going to get the return on your investment? A lot of people that are out of state don't have the resources to fly to Detroit everyday and monitor or control the situation with there real estate. This young man proclaims to have investor clients. And he asks himself a lot of questions in this video. I think it's funny. Actually I don't think he knows anything.... when he starts talking about job loss and all this bullshit about people paying rent and how to cash flow his properties and how he's taking a look at what other investors are doing.
Detroit land contracts are the best route to go. Based on the Michigan law you don't have to pay the property taxes and other stuff. This is basically it. We also like the section 8 housing choice voucher program. His speculation is way off and shows a lack of experience for the most part. But we'll highjack his video because of the heading and through into this blog as part of our search engine optimization. lol Thanks again!
No comments:
Post a Comment