The neighborhood borders very upscale Miami Shores and rapidly gentrifying Little Haiti.

I see you're from Grand Rapids- what about this idea:https://www.gvsu.edu/economics/certificate-in-real-estate-68.htmI would also suggest trying to get into property management as you're interested in multi family.

Even better, the houses are in areas that are undergoing gentrification, so that equity is going to grow rapidly over the next five years.I'm in the process of refinancing two of the properties to pull out equity, and I'm in the preliminary stages of also working out a conventional loan for a slightly more expensive property that I haven't identified yet. 

Tim Puffer I'm looking for any leads on apartment complexes in the Grand Rapids area.

In a recent deal in Cedar Rapids I acquired a large vacant lot along with the parcel the house sets on. 

I am looking to hire a company or independent contractor to mow the lawn for a duplex downtown Grand Rapids. 

Hi BP Members, as a new Investor to the Grand Rapids area I have recently been soaking up as much knowledge as I can before tackling my first flip.

It's a cliche.However,one other fad we have seen on BP is this pull to lower priced markets (I won't mention names so as not to offend sensibilities,but you probably know them).The reality of the business is that these markets are lower priced for a reason.You may be getting an assassin's cash flow and C-O-C returns today from your units in these markets but when jobs hemorrhage in a recession,your cash flow rapidly turn negative.Big markets suffer less in a massive recession.Occupancy and vacancies mirror what the local job market is doing.The sole reason I relocated to Jacksonville from Cleveland in 2011 is to stop being an "out-of state investor".That brings me to the other point under this topic.We saw a very lucrative 16-unit listed some 18 months ago.Well,it should be lucrative,except despite listing at an attractive price,most interested buyers couldn't get the numbers to work.The numbers didn't work because the out-of-state owners were getting absolutely wiped out year-on-year by phony expenses logged by their "boots-on-the-ground" and PMs.Even in strong markets,it's crucial to buy in good parts of town.That way,when vacancies inevitably occur during the apocalypse ,your copper wiring or HVACs won't be stolen....or your property vandalized.Choose your market wisely.

However, the appreciation compared to CA isn't as rapid.

Terry   Norman   Rapid Mortgage Solutions LLC   Where are the local investor meetings being held?