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re: Anyone want to buy some detroit real estate?
Posted on 2/15/22 at 10:59 pm to USMCguy121
Posted on 2/15/22 at 10:59 pm to USMCguy121
Considered buying and holding in currently undesirable areas, but stopped for a few reasons:
1) figured I’d get devoured by property taxes;
2) concerned about liability if some crackheads decide to squat there and wind up killing themselves;
3) they never show the interiors on these places, but I’d imagine they violate all sorts of building codes and I’d get fricked by fines
1) figured I’d get devoured by property taxes;
2) concerned about liability if some crackheads decide to squat there and wind up killing themselves;
3) they never show the interiors on these places, but I’d imagine they violate all sorts of building codes and I’d get fricked by fines
3
Posted on 2/15/22 at 11:02 pm to Boring
quote:
I’d imagine they violate all sorts of building codes
Well, to start with all the copper is gone.
Posted on 2/16/22 at 12:07 am to Boring
The taxes and liability are enough to keep me from buying cheapo property just for the hell of it. But I guess you could raze the structures and just own the land and then hope Detroit is revitalized one day.
Posted on 2/16/22 at 6:58 am to Boring
quote:
Considered buying and holding in currently undesirable areas, but stopped for a few reasons:
The sale is contingent on a plan and construction contract to develop the property.
This post was edited on 2/16/22 at 6:59 am
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