Flint Michigan Investors and Lenders

Flint Michigan Investors and Lenders

Rental Property Investor · Flint, MI · Member since 2019 · 9 posts · 1 vote

I'm New to Bigger Pockets and I'm a multi Unit investor looking to connect to like minded Investors and Lenders that is will to expand there network.

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Rental Property Investor · Flint, MI · Member since 2018 · 60 posts · 43 votes
7y

@Aaron Watkins hello! We are Flint investors looking to expand. So far we have 4 single family rentals. Looking to get into small multiplex. 

@Scott Mac not sure if you have been to flint, but you can go across the street and be in a totally different world. There are many areas that are beautiful and safe and on the upswing, and they are not all in the areas you mention above. It’s just a city that you need to see for yourself, not on a map. And I hope I’m not sounding rude! I live 15 min outside of Flint and didn’t think it would be a good place to invest, but the rental market has had a huge upswing in the last year!  You need to know the area to make wise investment choices. 

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  • Real Estate Agent · Wauconda, IL · Member since 2016 · 208 posts · 99 votes
    7y

    welcome, you're in the right place!

  • Lender · Rochester, NY · Member since 2014 · 3k+ posts · 1k+ votes
    7y

    @Aaron Watkins

    Let me know what Financing questions you have.

  • Lender · Grand Rapids, MI · Member since 2018 · 703 posts · 446 votes
    7y

    Welcome to the site.  I'm over in Grand Rapids, but always willing to connect with others.

  • Austin, TX · Member since 2019 · 5k+ posts · 5k+ votes
    7y

    Flint is a very rough place.

    Personally, I don't invest there but I was thinking, if you are championing gentrifying the area vs. just buying,

    it might help others potential investors know where to invest and help cluster investments to make them more valuable if there was a map of the area with a numbered grid on it.

    Each grid being a small area, for instance 5 bock long by 5 blocks deep. With each grid area numbered starting at an already gentrifying business area as number one and going out in all directions from there, 2, 3, 4, etc... (you could also ask the Police Department to focus more patrols in these areas too).

    This way it seems like it would be more likely to attract investors and (safe) people to live there because they could lower their risk by concentrating in smaller areas at once vs just Flint.

    Carpenter to Hemphill, Clio Rd to Center Rd, it's not that big of a place, and you wouldn't need to number the whole area, just certain focus segments clustered around gentrifying business areas (because you are not going to replace the entire problem population--only butt up against them). 

    And freeways and rivers make reasonable crime barriers in situations like this (because they don't teach Olympic swimming at Jacktown).

    Just my 2 cents,

    Good Luck!

  • Rental Property Investor · Flint, MI · Member since 2018 · 60 posts · 43 votes
    7y

    @Aaron Watkins hello! We are Flint investors looking to expand. So far we have 4 single family rentals. Looking to get into small multiplex. 

    @Scott Mac not sure if you have been to flint, but you can go across the street and be in a totally different world. There are many areas that are beautiful and safe and on the upswing, and they are not all in the areas you mention above. It’s just a city that you need to see for yourself, not on a map. And I hope I’m not sounding rude! I live 15 min outside of Flint and didn’t think it would be a good place to invest, but the rental market has had a huge upswing in the last year!  You need to know the area to make wise investment choices. 

  • Austin, TX · Member since 2019 · 5k+ posts · 5k+ votes
    7y
    Originally posted by @Pamela Morrison:

    @Aaron Watkins hello! We are Flint investors looking to expand. So far we have 4 single family rentals. Looking to get into small multiplex. 

    @Scott Mac not sure if you have been to flint, but you can go across the street and be in a totally different world. There are many areas that are beautiful and safe and on the upswing, and they are not all in the areas you mention above. It’s just a city that you need to see for yourself, not on a map. And I hope I’m not sounding rude! I live 15 min outside of Flint and didn’t think it would be a good place to invest, but the rental market has had a huge upswing in the last year!  You need to know the area to make wise investment choices. 

    Hi Pam,

    Nice Horse!

    I made the map as an example of how to number a gentrifying area, not as an investment guide.

    I don't invest there either (it doesn't fit my business model).

    And I have been there (when it was a thriving place and when it is not).

    Flint: https://www.youtube.com/watch?v=SYlRi2ZF_UI

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