Metro population:

4.3 m

Median Home Income:

26,000 dollars

Unemployment rate:

5.0%

Median House Price:

80,000 dollars

Median monthly rent:

942 dollars

The largest city in the state of Michigan, Detroit is probably known as the city where Henry Ford pioneered the first production lines used to make cars. Although the motor city has been hit hard by the recession, things are looking across this real estate market, whether because of the following three factors:

Two families of billionaires have pledged to make the city a success and seem to be succeeding. The rural town area was completely renovated and many of the foreclosed properties were renovated.
Detroit is home to the big Big 3 car companies in the US and Canada (General Motors, Ford Motor and Chrysler), and the headquarters / large corporate offices of 100 Fortune 500 companies including: Penske Automotive, Quicken Loans, Kellogg, Vortex Walmart.
Still, prices are still reasonably different in this area - yet can not purchase renovated and luxurious homes in Detroit around $ 80,000 (up to $ 50,000 in some cases).

Why invest here?

Detroit offers investors the option to purchase properties for up to $ 64,000, which will rent at a median of 1.18% of the purchase price each month and also has a strong chance of a price increase.

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The United States Real Estate Forum connects you with select and experienced American companies that specialize in turnkey properties. These companies locate, family and manage the assets in each of the offices in which we work. To connect to the assets of these companies, you must arrange a strategic meeting with us or leave details in the form at the bottom of this page.

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Lior Lustig

Chief Executive - United States Real Estate Forum

Lior Lustig is an experienced real estate investor who has been active in the field in Israel and the United States since 2007. Lior has extensive experience in the purchase and management of individual properties and buildings.
Today, Lior manages the Real Estate Investors Forum, which owns a real estate brand and for that matter, the Facebook group and the "US Real Estate Forum" website.
Lior is knowledgeable in a wide range of investment markets in the United States and provides solutions to investors through the company.