Which area is better for investor - Boston-Edison or Rosedale Park?
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KeithWheelerK
It's obvious that you've never lived in or near Rosedale Park. One should keep their biased comments to themselves and stick to known facts if they truly want to help. I do live there. 8 years and often see a mix of different types of people engaging in all sorts of activities day and Night! Have yet to see any of the things happen in the previous post.
2yrs+
JamesSmith12
Clearly you don't live in the city at all. Your information is from the news which is bias in itself. Detroit is not a place where you can't leave after a certain time. Of course there will be crime, like any other city with over 500,000 people. But it's not like that at all. But to answer the question. Rosedale park is a good choice and so is B.E. Boston Ediison is an historic district with older homes, so it will cost more in taxes and to maintain. For my money... Go with RDP unless you can afford to wait it out..
2yrs+
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JamesSmith12
I think what he is trying to say, is that Detroit has pockets.. i.e. really nice areas with a few bad spots in the middle. Example. 90% of the block could be in beautiful condition, but there may be a few bad ones or a foreclosure on the block.
2yrs+
andrewc36
Bald spots are areas of grass where a home that has been torn down once stood. These lots could be adjacent to a property and available for purchase from the City of Detroit at a shockingly low price. If you buy the adjacent lots on both sides of your property, your property will be on a triple lot giving you suburban space in an urban area. I personally prefer "bald spots" as they place a comfortable distance between you and your neighbors.
2yrs+
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