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Updated about 5 years ago on . Most recent reply
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Neighborhoods in Grand Rapids, MI?
Hello Everyone!
I am going to walk through a home in Grand Rapids, MI.
It is located in the Baxter neighborhood. I have lived in the Eastown and Heritage Hill neighborhoods for the past few years and I have not experienced any issues crime-wise.
My question is if anyone has owned a rental in the Baxter neighborhood and if so, what was your experience like?
Thank you for taking your time to read and respond to this!
Ethen
Most Popular Reply
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I own in the Baxter neighborhood, right by Joe Taylor Park. There’s a house that attracts a lot of people just North of the Park on Bemis, so in the summer you often get s group hang in the Park but overall it’s been reasonably good for that class of neighborhood. The kids from the school come to the park so the area is safe enough for that and the water park is a nice attraction. It’s in the NEQ (Neighborhood Enterprise Zone) so there can be some advantages of doing a lot of Capital repairs. That said, I also agree with the comment she of @Jim D. and @Tim Johnson above. Better neighborhoods will not look so attractive on paper, though you might get a better tenant. I’m hitting 2% rule on Baxter but I did buy it a while ago! $1300/mo in rent. Hope that helps.