First Time Investor Looking For Advice and Connections

[George Glessner]

Hi All! I grew up in Grand Rapids and Grand Haven until I graduated from GVSU in 2018 and moved to Scottsdale, AZ for 2 years. I am now back in Michigan, and bought a house in North Muskegon.

I am looking to buy my first rental property this year after being hit with the real estate bug. I am pretty confident I want to buy in the Muskegon area because of the prices and close proximity, but am also considering Grand Rapids. Another thing I am considering is either paying all cash, or leveraging and buying one property to get the feel of things and then buy a couple more.

Last weekend I took an hour or so and did a drive by of some properties I found on Zillow to get a feel for the different streets and neighborhoods. My time frame for buying my first property is still about 6 months out at least, so I am still in my "research" phase.

I just finished "The Book on Rental Property Investing" by BiggerPockets' Brandon Turner, which is how I discovered this site. I am reaching out to get any information possible about investing here in the area, network with local investors, and anything else worth sharing! 

I look forward to making connections, learning all I can about rental property investment, and getting involved in Michigan real estate! 

[Andrew Tucker]

Hi George,

If you have the cash to be doing all cash purchases but are comfortable with using some leverage I would suggest using the BRRRR strategy. It's a pretty powerful strategy and it's the one I use. I'm active in Holland but also interested in Muskegon. Reach out anytime.