All Forum Posts by: JL Hut

thanks for your reply, I am working with someone right now but will keep you in mind.

Tucson, AZ

Looking for a investor minded Realtor in South Tusco, AZ to make offers for me in Green Valley

The floor is not rigid enough, if the floor moves when you walk on it, then the grip strip will break apart.  Install cement board under it.

Pictures and more info here    http://www.lookinsidehome.com/IncomeProperty.html

There is one duplex and one S.F. on the land.  

Time for me to retire, I have owned this property from new for 30 years and it has had excellent care.  There are three unique higher end rental homes on one property, all have vaulted ceilings and  each has a garage. There is nothing else like it in this market, they rent fast and have very little down time.  Buildings need nothing, newer roof,  2 furnaces and 2 water heaters were just replaced.   Tenants pay all utilities, landlord pays garbage pickup $400. yr. and Property taxes $3600. Yr..  

Our market just had a large manufacturer move in and there is almost nothing for rent in the area.  Rents are rising fast and I plan to raise rents 10% at lease renewal.  Greenville is 35 minutes N.E of Grand Rapids, MI.  Grand Rapids is a very strong Job market with a vacancy rate under 2%

Excellent long term tenant under lease.   Rent income is $2450. a month

This a large property of over 2+ ac., room for more development.

I live N.E. of GR.

Maybe in your backyard.  Maybe we N.E.rs  can get together sometime.  Maybe your energy can make me young again.

Maybe.

You have a good goal, beware of side effects though.

Buy and Hold and Flips for 34 years now.  Now holding many that I manage.

 S. Greenville Road, Greenville, Michigan

This is a 3 townhouse complex, all 3 included, each has a Garage. All Separate utilities. New roof about 6 years ago. All homes in excellent condition. Most of flooring replaced in the last 2 years. 2 furnaces replaced in last 3 years.

New factory coming to town 400 new jobs, high demand for rentals.

Income for all 3, now leased at $28500. a year

Taxes: $3443.

Insurance: $974

Garbage Pickup: $225.

Sale price $249,00.

Would consider a trade for a  single family home in the Rockford to Ada Michigan area.