Lansing and East Lansing Michigan

[Gina Williams]

I'm planning to buy my first rental property as a buy and hold in Lansing, Michigan. I think this city, as well as East Lansing, will be one of my investing cities. I have researched extensively on these cities. Can anyone tell me more information about Lansing and East Lansing Michigan? Is it a good market to buy and hold and rent? Do jobs seem to be stable? Is anyone currently investing in these cities? Please give me the ins and outs of these two cities. Thanks!

[Faith Steller]

I've lived in the Greater Lansing area my whole life. I am currently working as a Realtor with local investors to help them meet their property goals and I dabble in a bit of investing myself. There is much potential in the Greater Lansing area although I would not recommend starting in the East Lansing are because some of the East Lansing ordinances dealing with purchasing of properties and rentals. There are similar communities nearby that I would recommend starting with.  Lansing does have some basic rental requirements which converting a primary residential property to a rental may take a small amount of additional time and licenses but you can often purchase a property already currently being rented out with a license. No matter where you invest it comes down to management and having good tenants with a screening process. When you are ready to start looking for investment properties in the Greater Lansing area give me a shout out and I can send some reommendations your way.