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Updated over 8 years ago, 06/02/2016
New to Grand Rapids Investing
Hi All,
My wife and I live in Denver but are looking to move to Grand Rapids in about 2 years. We decided we would like to purchase an income property there now and potentially move in it in two years or keep it as a rental. I have been reading about Grand Rapids rental market and it seems like it is a great place to start my rental journey. I am looking for single family and multi unit homes. I am currently working with a realtor. It is very difficult though as I live in Denver. I am a new member here and am reaching out to any Grand Rapids investors for advice.
Specifically which areas should I be interested in?
Single family vs multi unit properties?
Up and coming areas?
Property management recommendations and info on how much I should expect they charge on average?
Better to buy a property without current tenets??
And I suppose anything else you would like to share or think I should know.
I have rehabbed two properties in Denver but never had a rental property and it is quite scary.
Thanks so much
Jake