Oakland, CA · Member since 2015 · 2 posts · 1 vote
Hi folks - I'm headed to Michigan next week to visit family and would like to spend some time getting to know Kalamazoo and neighboring towns to see if it'd make sense to buy my first rental property there (duplex or SFH). I will check out the Vine neighborhood, but I'm not sure it's the best idea to make my first investment a 100-year-old house occupied by students. :-) However, I'll be an out-of-state investor (I plan to use a PM; suggestions welcome for those too), and I don't want to have any issues finding tenants. Looking for recs on some sedate, mid-range neighborhoods with younger (1950+) properties under 150k. Any suggestions of areas or towns are appreciated!
Real Estate Professional · Rockford, MI · Member since 2015 · 301 posts · 138 votes
10y
@Cynthia M. I would check out Grand Rapids as well. Here are a few articles to consider. I can also give you a referral on a property management company.
Oakland, CA · Member since 2015 · 2 posts · 1 vote
10y
Thanks for the feedback, everyone. I have been researching GR as well and drove around last fall ... lots of interesting little neighborhoods to see there!
Wholesaler · Utica, MI · Member since 2013 · 133 posts · 36 votes
10y
Hi Cynthia, I have rentals in Kalamazoo. Someone knowledgeable about the area that you may want to reach out to is @Aaron Treloar. He is a property manage with a lot of experience in the area.