Michigan Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on . Most recent reply

Muskegon, MI rental market
Muskegon looks to be turning things around over the last several years with some interesting new economic development plans in the works. Anyone investing in Muskegon willing to share their experiences regarding tenant quality, vacancies, and overall direction of the rental market? I have been looking in Grand Rapids for a while, but considering I'm purely investing for buy-and-hold cash flow right now Muskegon appears to be a better option considering it is a less heated market and I can likely get properties cash flowing at the same rate for 60-70% of the price of Grand Rapids properties.
Most Popular Reply
We have 5 unites in Muskegon - my opinion is it's good but requires street by street research. Most areas differ by neighborhood, Muskegon differs by street. I live in Chicago and have had to travel there quite a few time to feel comfortable with what I'm buying - happy to catch-up anytime