In response to my last blog post, several people had commented on "We may be TOO close to Detroit", referring to why local investors fail to recognize the city's extreme real estate investment opportunities. Many real estate investors in our area along with potential investors throughout the nation read and watch the news media's coverage of stories that make the news, usually negative in nature. Years ago a friend of mine who had moved from San Diego, where I was living at the time, to the state of Kansas due to his wife's employment transfer. He's a full-time real estate investor and when he settled into his new location he found and ultimately bought a large vacant apartment complex that had been ignored for years because of its area and reputation. He turned it around so well the locals started treating him like a celebrity, he somehow had figured out something they had missed. He told me that he had looked at this investment as a diamond-in-the-rough that others were fearful of because they were "too close" to it and it's past, he looked at it with fresh eyes. Not to say that this attitude always works, but with proper planning and the right moves I've seen this work well many times. Go out there and make a difference, SISU!
Trent Dalrymple
Metro Mortgage Investments LLC
(248) 547-3006
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