Hello everyone! My name is Paul Volk, I am a newbie investor in the Grand Rapids area. My wife and I bought a condo in 2014 when the market was still pretty low. We saved our pennies and ended up building our dream home in Rockford, a nearby suburb of Grand Rapids. We rented the condo and we have been fortunate that it has appreciated quite a bit in value and cash flows about $250/month. Now that we are in our dream home we are anxious to try to find another cash flowing property. My wife and I are both in sales in the Healthcare industry which allows for great flexibilty in our schedules. Although we both enjoy our jobs, we both dream to exit the rat race and live off of the cash flow of multiple rentals. Because there aren't really any deals in this inflated market, I am hoping to make and deal and hopefully try out the BRRRR strategy. I look forward to networking with the community and having mutually valuable discussions :)

Welcome to BP @Paul Volk ! I’m originally from West Michigan but currently living and investing in Iowa. Be sure to check out the podcast, there are some great interviews with tips on finding deals. Good luck! 

Originally posted by @Paul Volk :

Hello everyone! My name is Paul Volk, I am a newbie investor in the Grand Rapids area. My wife and I bought a condo in 2014 when the market was still pretty low. We saved our pennies and ended up building our dream home in Rockford, a nearby suburb of Grand Rapids. We rented the condo and we have been fortunate that it has appreciated quite a bit in value and cash flows about $250/month. Now that we are in our dream home we are anxious to try to find another cash flowing property. My wife and I are both in sales in the Healthcare industry which allows for great flexibilty in our schedules. Although we both enjoy our jobs, we both dream to exit the rat race and live off of the cash flow of multiple rentals. Because there aren't really any deals in this inflated market, I am hoping to make and deal and hopefully try out the BRRRR strategy. I look forward to networking with the community and having mutually valuable discussions :)

Hello and welcome! Best of luck to you!

Hi Paul, welcome to BP! I purchased my first 4 unit property in the GR market at the end of last year and am currently looking for my next deal in the metro GR area. Best of luck to you guys as you start your real estate journey.

Ethan

Hello @Paul Volk !

First, I commend you on your plan of action!  Keep at it!  I'm sure your wife and you make a great team in real estate investing.

So on that note...Congratulations and welcome to BiggerPockets!

Bigger Pockets is a great place to start for real estate investing.

Bigger Pockets is the place to get deals done the right way.

Congratulations, Paul, and I wish you nothing but success.

@Paul Volk Exciting stuff!  If you ever have questions or need a second opinion let me know.  We have a sizable management company here in Grand Rapids, and love seeing investors become successful.  There is still alot of opportunity, and Grand Rapids is still predicting growth for the foreseeable furture.

Hi Paul, Your story sounds very familiar! We moved to a condo we bought in GR in 2014, and we turned it into a rental in 2015 when we moved to Rockford. I agree that the deals are tough to find, but I'm still seeing a few here and there. Best of luck in your search for your next property!

David Bright

@Paul Volk

Welcome to the BP family! It’s good to see a fellow Southern California investor! Here are some recommendations for you:

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Wishing you the best!

@Paul Volk

Welcome to Bigger Pockets.

Welcome, Paul! A fellow Beer City USA RE investor here and happy to network.