from Kerry Lutz's Financial Survival Network
Kerry and Nader Shariff discussed the investment potential of Detroit real estate, highlighting the city’s low entry price point, strong rental returns, and ongoing redevelopment efforts. They also addressed the risks involved in investing in Detroit, such as dealing with nonpaying tenants and the challenges of maintaining older properties. The conversation also touched on the potential for further price increases and the current opportunities for investors to enter the market. Additionally, they discussed the unemployment situation and the growth of new businesses in Detroit, particularly highlighting the impact of companies like Rocket Mortgage in providing employment opportunities. Overall, they expressed hope for the city’s resurgence and encouraged engagement with their organization.
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