Looking for best markets in the greater Grand Rapids Area

[Luis Vecchio]

Hi everyone, Luis here. I’m new to real estate investing and I’m looking to invest in the greater Grand Rapids area. I’m curious to know what are good markets to look into like Lansing, Muskegon, Kalamazoo, etc. Thank you for the help in advance! 

[Troy DeLong]

@Kyle Fryling There's a huge variance here in Lansing. You would need to know the neighborhood and condition of the home. 

You could by a SFR in a rough area for $60,000 that rents for $850 a month or you could buy a nice triplex downtown for $160,000 that brings in $2,100 month in rents. One thing to keep in mind when deciding if a property is getting good rents or not, is who pays the expenses (Tenants vs. Owner).