Volonte interviews Detroit Investors/ series part 1 of 5 part series (Shea Woods)

Volonte Williams and Detroit Goldmine Properties interviews local real estate investors, professionals
for their take on the current market in Detroit.

This is the first of a 5 part series.

Category:

News & Politics

Tags:

• Volonte Williams
• detroit
• downturn
• housing
• market
• rebound
• investment
• opportunity
• cash
• flow
• foreclosures
• cheap
• properties
• making
• money
• rentals
• warzone
• GM
• cnn
• smartmoney
• magazine

[volontewilliams]

Well that may be true in a short term prognosses but mid term and long I beg to differ. Prices have come up since Feb this year and will continue to rise in spurts over the next 1 1/2 in my opnion based on the sudden outpour of interest in Detroit's cheap deals and high rental income.

Don't mis the boat or the bottom.

[miamivicepastels83]

y'all are too smart. ive been watching your videos. if i had the means right now i would do two things: invest in some properties in Detroit and also some super cheap condos here in atlanta for when the market turns.

[JBLAKIE1]

damn some shady mother f***kers! snakes in nigger clothing

[manchiald]

This guy is a pimp or ex pimp. i can tell he has alot of game.

[Liz2000a]

I have to agree... Detroit is a goldmine!!! I started to do real estate in Detroit in june of 2009 and its been great!!! I have a bulk list of houses on the Westside of 4 houses for only $9,000!!! We also have a move in ready 2 bedroom house for only $9,000!!! Great Deals!!!

[Cdogpyjamas]

I wish I could find cheap property here. I went to look at a house for sale for about 17,000 USD and it was a complete mess and thats the cheapest house in the country.

[slinkycat321]

Beautiful homes, but the property market there is going to be depressed for some time to come due to the economy, GM problems, and continuing foreclosures. If I thought the job situation in Detroit was going to improve they would be great investments.