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Updated 14 days ago on . Most recent reply

User Stats

7
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3
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Samuel Olivas
  • New to Real Estate
  • Muskegon MI
3
Votes |
7
Posts

STR's in rural midwest Michigan

Samuel Olivas
  • New to Real Estate
  • Muskegon MI
Posted

Hello BP members, this next post is strictly out of curiosity and I hope it doesn't rustle any feathers. I currently do not own or invest in any STR's in Midwest Michigan. My question is, is there anyone who does invest & operate STR's in these "rural" areas of Michigan (North Muskegon, Whitehall, New Era, Shelby, Hart, Ludington, etc).

I am very familiar with these areas and hope someone can speak to:

1. The challenges of investing in this market (occupancy, legalities, management, etc)

2. The pros or wins of investing in this market.

If you also own LTR's or MTR's in these areas, I'd be interested to hear about your experiences as well.

Thanks,

Most Popular Reply

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1,268
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842
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Mike Grudzien
#4 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Eugene, OR
842
Votes |
1,268
Posts
Mike Grudzien
#4 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Eugene, OR
Replied

Check out local Host groups on Facebook or contact a local REIA chapter.

  • Mike Grudzien
  • Loading replies...