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Michigan Real Estate Q&A Discussion Forum
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Updated about 3 years ago on . Most recent reply

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452
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672
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Scott Passman
  • Rental Property Investor
  • Batavia, IL
672
Votes |
452
Posts

Muskegon, MI rental market

Scott Passman
  • Rental Property Investor
  • Batavia, IL
Posted

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

Account Closed
  • Rental Property Investor
  • grand rapids
24
Votes |
28
Posts
Account Closed
  • Rental Property Investor
  • grand rapids
Replied

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

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