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Started By
Message
Anyone want to buy some detroit real estate?
Posted on 2/15/22 at 10:50 pm
Posted on 2/15/22 at 10:50 pm
35
Posted on 2/15/22 at 10:52 pm to USMCguy121
That's too damn high.
They were selling for $500 a while back.
They were selling for $500 a while back.
Posted on 2/15/22 at 10:55 pm to USMCguy121
That’s way overpriced.
Posted on 2/15/22 at 10:57 pm to USMCguy121
I prefer to buy my abandoned properties in Baton Rouge. The squatters tend to have a crawfish smell to them. Helps cover up the lingering smell of drugs.
Posted on 2/15/22 at 10:57 pm to BuckyCheese
no pics of interior
guess you have to run out the crackheads yourself
guess you have to run out the crackheads yourself
Posted on 2/15/22 at 10:59 pm to Doctor Strangelove
quote:
Est. payment: $33/mo
I’m mean is somebody really gonna finance that? Is that even possible?
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
Posted on 2/15/22 at 10:59 pm to USMCguy121
Why Do I think fightclub when I see those houses??
Posted on 2/15/22 at 11:00 pm to USMCguy121
quote:
Subject address is included as part of a 3 Property Bundle Sale Totaling $5,000.
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 2/15/22 at 11:04 pm to USMCguy121
Detroit blows my mind. Just one giant abandoned city
Posted on 2/15/22 at 11:11 pm to USMCguy121
Just checked Detroit's growth rate... Had been negative to the tune of .4 to .5 percent per year for like 20 years.
Decided to check Jackson MS. It has grown steadily at 1.5-2 percent for like ever. That is wild to me. A little Faster than Baton Rouge which I like better than it. Jackson sucks.
Decided to check Jackson MS. It has grown steadily at 1.5-2 percent for like ever. That is wild to me. A little Faster than Baton Rouge which I like better than it. Jackson sucks.
This post was edited on 2/15/22 at 11:12 pm
Posted on 2/15/22 at 11:13 pm to USMCguy121
Check out the street view.
Posted on 2/15/22 at 11:15 pm to Doctor Strangelove
quote:
That’s way overpriced.
It's a bundle with 2 other houses.
Posted on 2/15/22 at 11:18 pm to USMCguy121
I'm curious about places like this and what they used to be like 30-40 years ago. Were these thriving communities at any point or always a mess?
This post was edited on 2/15/22 at 11:19 pm
Posted on 2/15/22 at 11:50 pm to USMCguy121
Detroit was practically giving away warehouses that took up an entire block a few years back. A free warehouse and a $500 house still wasn't worth it to live in Detroit.
Posted on 2/15/22 at 11:53 pm to USMCguy121
Some guy probably paid his whole life savings for those 75 years ago. Amazing how times change.
Posted on 2/16/22 at 12:00 am to CuseTiger
quote:
I'm curious about places like this and what they used to be like 30-40 years ago. Were these thriving communities at any point or always a mess?
Gotta go back further but detroit was thriving at one point at the height of the US auto industry. Tons of beautiful old homes rotting. It's a shame.
I feel like the brick alone in those homes is worth well more than $5k.
There's a comp a block and a half away listed at $345k.
This post was edited on 2/16/22 at 12:05 am
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 12:25 am to biglego
Congrats. You’re all now getting Detroit in your daily Zillow emails.
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