Thursday, November 11, 2010

Conversation starter

Turns out my Accidental Duplex is quite the conversation starter. Usually just the words "Accidental Duplex" are enough to grab someone's attention. Once I say those words, everyone turns their head, cocks it and asks how those words end up together. When I explain how I accidentally bought a duplex and for how little, that just draws them in even more. Wows and small gasps normally follow.

I know a number of people who have thought of investing in Detroit and decided not to for one reason or another. When I have told them about the Accidental Duplex, they stop and you can actually see the wheels turning in their heads. The wife of one of these friends told me how he couldn't stop talking about my purchase and how he wanted to make one of his own now. Turns out people will flinch at paying six, five or even four figures for property in Detroit. Mention you paid a couple hundred bucks and they start to pay attention.

The thing is, this all sounds amazing on the surface. The reality is the Accidental Duplex is a huge project. It's going to cost tens of thousands of dollars and years of effort. I am happy for the project and ready to take it on, but the only easy thing about it is how I accidentally ended up with it. That and it's an easy way to get a conversation going.

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