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All Forum Posts by: Ezekiel Ayers

Ezekiel Ayers has started 0 posts and replied 6 times.

Post: What markets are appreciating?

Ezekiel AyersPosted
  • Real Estate Agent
  • Grand Rapids MI
  • Posts 6
  • Votes 1

Check out Grand Rapids Michigan. The National Association of Realtors just named it one of the top 10 best markets of 2025.

Post: Advice on running numbers in Michigan/Grand Rapids

Ezekiel AyersPosted
  • Real Estate Agent
  • Grand Rapids MI
  • Posts 6
  • Votes 1

Glad I could help! Yes I think estimating 5% would be a good start and then once you know the school district you can get a better idea of what to expect. Happy to look at properties or do video walk throughs. Let me know! 

Post: Advice on running numbers in Michigan/Grand Rapids

Ezekiel AyersPosted
  • Real Estate Agent
  • Grand Rapids MI
  • Posts 6
  • Votes 1

Hey Dan! GR is a great market. I own a single-family home built in 1950 here that I rent out. You do need to pass inspection with the city. I bought it about 9 years ago as a primary residence, which keeps my taxes low. Winter doesn't bring too much extra cost as long as the home doesn't have outdated appliances and has sufficient insulation. There will be some extra costs if you're offering snow removal. Here are some links that might help. Happy to connect if you have any additional questions.

State of Michigan Property Tax Estimator: https://www.michigan.gov/taxes/property/estimator

Grand Rapids MI Rental Certification: https://www.grandrapidsmi.gov/Government/Programs-and-Initia...

Post: New Member - Commercial DT Rehab- Northern MI

Ezekiel AyersPosted
  • Real Estate Agent
  • Grand Rapids MI
  • Posts 6
  • Votes 1

Hey, I don't do commercial real estate but I could connect you with a person who does here in town and they might be able to help.  

Post: New to REI in the Grand Rapids, Mi market

Ezekiel AyersPosted
  • Real Estate Agent
  • Grand Rapids MI
  • Posts 6
  • Votes 1

My wife and I just bought our first investment property in West Michigan. What I was told time and time again is that you make your money when entering the deal. When analyzing your offer, make sure to factor in operating expenses, rehab costs, and vacancy rates. Also, try your best not to buy based on emotions (lol). It's easier said than done, but decide what you're willing to spend and stick to it. Hope this helps!

Post: 3rd year Real Estate Investor / Landlord

Ezekiel AyersPosted
  • Real Estate Agent
  • Grand Rapids MI
  • Posts 6
  • Votes 1

Are each of your properties held under LLCs? If not, I would consider doing that. Not only does it protect you, but it also provides the opportunity to open checking accounts for each property under its LLC, which will make tracking income and expenses much easier. I invest here in GR and am happy to connect you with our financial advisor who is helping us structure our businesses for our properties.