Updated almost 9 years ago on . Most recent reply
Grand Rapids, MI
I am considering GR for investment properties. SFH or multi. How's the market there? Any opinions?? Thanks!
Most Popular Reply
It has been a very hot market, once forbes rated gr as the best city to invest we have been flooded with investors, driving prices up. We are at record low inventoryand a high demand. You can find deals but its harder then ever. Current cap rates on sf are 8 or 9 multi are 6 or 7. Get aligned with a good pm and realtor and they can help you out, but I would be cautious about anything they say is a great deal. If you find a good deals you need to act fast because it wont last. Good luck.