Ann Arbor- Surrounding Markets

[Nikolai Saporoschetz]

Hello everyone! I am new to BP and the Ann Arbor area and am motivated to get started real estate investing with a house hack. After doing some research it has become clear that the Ann Arbor market is much more of an appreciation play than a cash flow play. I am more so interested in a buy and hold property that generates cash flow. Are there certain towns around Ann Arbor that would be more suitable to this goal? From what I have seen, Brighton and Hamburg seem like potential fits. Any resources or contacts for learning more would be much appreciated. Hope everyone has a great week!

Thank you!

-Nikolai

[Mitchell Marvin]

@Nikolai Saporoschetz

Hey Nikolai, I'm from Brighton and I haven't seen many small multi's that make sense for cash flow if that's what you meant by househacking. I just bought a 4 bedroom househack in East Lansing as a fixer and rent by the room to college students. That might be something worth looking into in Ann Arbor for U of M students. But if small multi is what you meant by househack, Ypsilanti might work. Just make sure to do some research on the neighborhood because oftentimes higher cash flow might mean higher crime or more deferred maintenance expenses.