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Nate Miersma
  • Rental Property Investor
  • West Michigan
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130
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11-Unit Rental Portfolio

Nate Miersma
  • Rental Property Investor
  • West Michigan
Posted Oct 20 2016, 10:56

Hello West Michigan Crew,

I'm thinking about selling my 11-unit rental portfolio. Three properties (4-unit, 4-unit, 2-unit) have shared parking and property lines, and the last is a SFR about 10 minutes from there that has very stable long-term renters who will be there for at least 3-4 more years until their daughters graduate high school. They're all profitable and doing well, but unfortunately they can't be a priority for me right now with three little ones at home and a very busy job.

All of these properties are in good areas of town- no ghetto, near WMU and Kalamazoo College campuses and the social areas in downtowns Kzoo. I have more than 70% professional renters, not all students, and have put about $80k into improvements in the last year. 

If anyone is interested in hearing more about them please shoot me a note and I can share the details. 

Or, shoot me a note to tell me I'm crazy and that I shouldn't sell them...

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