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Updated over 2 years ago on . Most recent reply
First Short Term Rental in Marvelous Muskegon, Michigan
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $203,000
Cash invested: $203,000
We sold our Rochester investment in NY. Used a 1031 exchange to purchase this one. My wife and I fixed it up and are currently using it as a successful short term rental.
Most Popular Reply
Randy Charboneau
Agent
Pro Member
- Residential Real Estate Broker
- Grandville, MI
- 76
- Votes |
- 105
- Posts
Fantastic! Love to hear success stories about Muskegon! The appreciation rate is 25% in some spots over here! You should do really well with a short term rental and that appreciation rate! Congrats!
I helped a couple of investors start their portfolio there this year and they are really happy with the results. Muskegon is a great area to invest!
- Randy Charboneau
- [email protected]
- 616-262-0001
INDEPENDENCE REALTY
8 Reviews
5.0 stars