. Now, more than five years later, more and more people are investing in the city., the billionaire founder of Quicken Loans. As Business Insider previously reported, after Gilbert moved his company to downtown Detroit in 2010, he started the real-estate firm Bedrock.
The house was in a state of total disrepair when he bought it. Photos show that paint was peeling off the walls, wires were hanging loose, and the bathroom appliances were covered in rust.Despite its poor condition, Gray moved into the home right away."In Detroit, if you're not there, or you don't have someone there, someone will come in and take your stuff. It's gone in a matter of 15 minutes, gone," he explained to Business Insider.
"I also began to craft my rehab skills working as a laborer for guys who were fixing up homes to rent," he said. But in 2008, his life changed. While riding his bike, he was hit by a car. Using money from the settlement he received from the accident, Gray was able to purchase the abandoned property.When describing the renovation project, Gray called it a complete rehab. "I tore everything out, all the way down to the studs," he said.His wife, Cynthia, who at the time was his fiancée, was there through it all.
This is beautiful
I feel like I have underachieved in life after reading this article 🤔🤔😬😬 Good for that man. My hero.
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