Detroit - Posted by Cornell Dayne

Real Estate Investing
1

Posted by Luke on August 06, 2008 at 10:02:54:

Nothing in MF right now.

Luke

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Detroit - Posted by Cornell Dayne

Posted by Cornell Dayne on August 05, 2008 at 11:39:49:

After spending weeks upon weeks scouring the internet for commercial real estate in Detroit, I wanted to know if there were any other investors who are running to instead of from Detroit. Anyone with a contrarian viewpoint on distressed markets such as Detroit?

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Re: Detroit - Posted by Luke

Posted by Luke on August 05, 2008 at 15:02:16:

Are you simply researching Detroit or are you looking to buy in Detroit? If you are looking to buy, what property type are you looking for?

Luke

4

Re: Detroit - Posted by Cornell Dayne

Posted by Cornell Dayne on August 05, 2008 at 15:17:41:

Luke,

Thanks for the response.

Of course I’m looking to buy, buddy. Why else would I be evaluating properties and their markets. Are you an agent?

I’m looking for class b & c multi units (45-250 units) with a bell curve unit mix. Turnaround not turnkey.

What’s your take on Detroit?

The investment decisions that I am making today are based on the city’s solid plans for the future.