AIPIS 146 - Real Estate Investing in Detroit and Self Driving Cars with Greg Scott

Jason Hartman talks with his client Greg Scott, a real estate investor living in Detroit and employee at Ford, about the current state of the Detroit real estate market, whether it might actually be a GOOD investment now, the future of self driving cars and more. Key Takeaways: [3:09] Where Greg currently owns rental properties [5:29] The peak of metro Detroit's population and what's going on right now that might be making the population grow again [7:37] One of Detroit's suburbs is actually the 11th wealthiest county in the USA [9:53] Some demographic trends in Detroit [11:40] Why Greg is the most optimistic about the future of Detroit than he's been in his entire life [16:12] Some areas of Detroit that go along with the automotive industry and some that don't [18:40] Greg's road to preparing to do multifamily investing in Detroit [23:27] What Greg does for Ford [26:57] How quickly we're approaching self driving cars and the new city built to be a self driving car test ground [29:15] How self driving cars can change the landscape of cities [32:45] If cars didn't need parking spots, what would we do with the 40% of the city that's currently being used for parking