One of my customers who is now planning to reside and  invest in Downtown Oakland and is a former resident of Detroit Michigan mentions that Downtown Detroit had and continues to have a bad reputation for crime. The city of Detroit is working no that image. But in the midst of this is a revitalization project of Detroit's beautiful water front. 

So what's happening in Detroit now? You've heard the stories and read the facts : the so-called Murder capital of the country( 5.16 times more murders than other major cities) .

Admist all of that, the city's downtown area is thriving, it' coming along fast. Major theater chains such as the Fox are being revitalized, the riverfront is undergoing a massive redevelopment and the most important thing: PEOPLE ARE MOVING IN AND  INVESTING AND PROPERTY IS APPRECIATING: People From the suburbs,downsizing and entrepreneurs... Sound familiar....

My point: the same is and will happen in Oakland because it's happening in Major Cities throughout the world. You need to get in on the ground level and in years your investment will pay off.

(The photo: Harbortown Condos facing the Detroit Waterfront)