Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 14 years ago,

Account Closed
245
Votes |
827
Posts

Grand Rapids, Western Michigan

Account Closed
Posted

Anyone out there investing in grand rapids or western michigan?

Most people try to equate the whole state of Michigan with Detroit. This is like equating Buffalo/Syracuse/Rochester with NYC. But I know that places like Grand Rapids is quite different politically, culturally, and economically than metro detroit. GR is much more pro business, conservative, economically diversified, and yes much cleaner. .

Still, unemployment in GR is high at 12%, but lower than Motown or Flint, and more likely to rebound faster as there is much less government interference and much less of a "welfare" mentality. Also, less dependent on the auto industry. There is currently a push in developing it's burgeoning health care industry.

BTW, I am don't sell or have anything to gain pushing GR. I was just going through the MLS and was seeing duplexes which rent for 400-500 bucks (per side) selling for 10-20k, within easy commuting distance between two colleges, and the downtown area.

There are also good suburbs to invest in like Grandville, Brighton Center, Kentwood, Caledonia.

For the more adventurous, there is the exurb of Ionia, MI, which is half way between GR and the state capitol of Lansing. It is an easy drive from there to the interstate which connects GR, Lansing, and Detroit.

Any feedback would be appreciated.

TC

Loading replies...