Any investors in Port Huron, Michigan?!?!

[Mike Spica]

Hello, Looking to expand our territory into the Port Huron market. Anyone currently investing in the Port Huron area or in surrounding St. Clair County? Thanks Mike

[Richard Ball]

There is a local REIA, here is the website: http://www.porthuronarealandlordassoc.com/ we meet the second Thursday of every month and it is very informative. In order to invest in Port Huron you have to know what areas you can invest in, for example anything north of the Blue Water Bridge is pretty much off limits (there are some small pockets you can invest in) because of local ordinances. Port Huron also requires a rental certificate which comes with city inspections. After you get pass all the bureaucracy I would say it is a pretty good place to own rentals. Home prices are relatively low and rents are good. Even with purchasing off the MLS a 2% deal is not unheard of. I personally stick to the cities outside of Port Huron like Fort Gratiot, Kimball, etc... because you tend to get a little better quality of person plus home prices appreciate faster and rents tend to be slightly higher. The trade off of course is less inventory with a little higher purchase price. All in all you have to find out what works best for you but I there are a lot of helpful people in the area so if you ever need anything don't hesitate to ask.