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Updated about 8 years ago,
New Investors in the mitten - Grand Rapids, MI area.
HELLO BP!
My wife and I are new to the Bigger Pockets forum but have enjoyed listening to the podcasts for a few months now. We are currently working on our 3rd fixer upper. We have put a lot of sweat equity into each home we've purchased, which has given us the opportunity to use a HELOC as a strategy to grow our business. Our current project is remodeling a 3 bedroom 1 bath home that we are hoping to complete and rent out before the snow flies. Our strategy is to buy and hold with a goal of purchasing about 2 - 4 units a year in the Hudsonville, Grandville, Jenison, and Allendale areas. Our main focus is single family homes, but we are also interested in multifamily properties. We are blessed to be in the position we are in, and we are now looking to push forward and grow our business. One of our goals is for me to be able to work full time in real estate within 10 years while my wife continues to work in the profession she loves. Our end goal is to have income that will allow us to provide for and spend time with our children and grandchildren in the future while enjoying financial freedom. Currently we are looking for a real estate attorney lawyer in the area to join our team and help with paper work if anyone has suggestions. As our business grows and we add new members to our team, we will eventually want to hire a property manager or hire a property management company to manage our properties in the area. I know this could be difficult to find, but I believe West Michigan might be the place to find a real estate management company that does what they say and has integrity. So if anyone has any suggestions, I don't think it's ever too early to start the search. Thank you in advance to everyone that is contributing to the BP community as we continue to grow together in knowledge.