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.
Grand Rapids Real Estate Forum
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 about 8 years ago,

User Stats

130
Posts
24
Votes
Nate Miersma
  • Rental Property Investor
  • West Michigan
24
Votes |
130
Posts

11-Unit Rental Portfolio

Nate Miersma
  • Rental Property Investor
  • West Michigan
Posted

Hello West Michigan Crew,

I'm thinking about selling my 11-unit rental portfolio. Three properties (4-unit, 4-unit, 2-unit) have shared parking and property lines, and the last is a SFR about 10 minutes from there that has very stable long-term renters who will be there for at least 3-4 more years until their daughters graduate high school. They're all profitable and doing well, but unfortunately they can't be a priority for me right now with three little ones at home and a very busy job.

All of these properties are in good areas of town- no ghetto, near WMU and Kalamazoo College campuses and the social areas in downtowns Kzoo. I have more than 70% professional renters, not all students, and have put about $80k into improvements in the last year. 

If anyone is interested in hearing more about them please shoot me a note and I can share the details. 

Or, shoot me a note to tell me I'm crazy and that I shouldn't sell them...

Loading replies...