Machine designer · Columbiaville, MI · Member since 2015 · 65 posts · 10 votes
I am looking to invest in the areas around me. I live in Davison Michigan which is about a half hour East of Flint. Was thinking of looking for properties in my home town, Grand Blanc and perhaps Oxford. Was wondering if anyone had any tips on strong markets in the area.
Specialist · Grand Blanc, MI · Member since 2016 · 17 posts · 6 votes
10y
Hey Dan,
Grand Blanc real estate market has continued to be the dominating strong point in Genesee County. Between Fenton and GB, expansion continues both in land development and market value. With both a hospital and one of the top performing schools in the state, it continues to bring people from Oakland County looking for a slightly smaller pace with all the modern conveniences.
The market fluctuates like any, but with recent downtown developments, and new businesses braking ground on a monthly basis, now is as good a time as any to jump in.
Specialist · Grand Blanc, MI · Member since 2016 · 17 posts · 6 votes
10y
Hey Dan,
Grand Blanc real estate market has continued to be the dominating strong point in Genesee County. Between Fenton and GB, expansion continues both in land development and market value. With both a hospital and one of the top performing schools in the state, it continues to bring people from Oakland County looking for a slightly smaller pace with all the modern conveniences.
The market fluctuates like any, but with recent downtown developments, and new businesses braking ground on a monthly basis, now is as good a time as any to jump in.
Investor · Traverse City, MI · Member since 2016 · 3 posts · 2 votes
10y
Hi Dan,
I live in Traverse City. I am very busy at this particular moment. I should have some time freed up toward the middle or end of July. However, I would like to begin a dialog. I have some experience with 3-4 house purchases, renovations & renting from a while ago. I grew up in TC and moved back in the late 90's. So, I'm quite familiar with the area. I would like to get involved with the real estate market again.
Let me know what your experience is and what you are trying to do.
Real Estate Agent · Grand Rapids, MI · Member since 2016 · 127 posts · 56 votes
10y
Hi @Dan Graney. I invested in Oakland County (including Oxford specifically) for years. I love the area, but I find the taxation and strict guidelines in many of the Oakland County municipalities frustrating. Considering your location, I'd focus on Genesee or Livingston, specifically Fenton, Hartland, and Grand Blanc. It has much the 'feel' of Oxford, but with prices/taxes that are more reasonable, and potential growth that is more appealing.
Denver, CO · Member since 2016 · 19 posts · 7 votes
10y
@Dan O'Neill I live in Colorado. My wife is a TC native and we still go there frequently. I wholesale in TC & other states that I've lived in and have connection with.
Investor · BAY CITY, MI - Michigan · Member since 2014 · 35 posts · 6 votes
10y
@Tanya H. I am an investor from Bay City. If you ever need anything, don't hesitate to ask!
@Jim clous, @Randall Burris, @Dan O'Neill, I Have a friend up in Traverse City who is trying to buy his first deal. If you come across anything that you don't want, or if you have any solid wholesale deals, he would probably be interested. Strong loan capability.
Investor · Cadillac, MI · Member since 2016 · 15 posts · 5 votes
10y
@Randal Burris, @Dan O'Neil, I am from Cadillac and am just getting my ducks in a row to start investing in Northern Michigan (primarily Cadillac & TC) Any leads on wholesale properties to b & h would be appreciated.
Specialist · Grand Rapids, MI · Member since 2016 · 1k+ posts · 611 votes
10y
Tim G. Hi Tim,
Im from Midland too! Small world, Grand Rapids is a great market. My biggest problem is its so hot keep getting outbid but rent rates climbing like crazy. I have an investor unloading 750 units in retirement. Can't but them all myself although I want to so let me know if interested.
I have been looking at investing in Michigan for quite some time but since I am out of state, I would need scale/volume to make it worth it IMO. Message me if you would like to speak about partnering up or helping your investor unload some of his units.
Specialist · Grand Rapids, MI · Member since 2016 · 1k+ posts · 611 votes
10y
Mark Thompson The investor that is unloading units primarily with tenants where Spanish is their first language. If you are interested PM me as it won't allow me to contact you via app and I am rarely on website.
Hey Guys, I actually have a Triplex Deal in Jackson MI under contract that I need to sell ASAP. It's worth about $55k-$65k and I'm selling it for $25k OBO. Here's the link to my marketplace ad:
Specialist · Grand Rapids, MI · Member since 2016 · 1k+ posts · 611 votes
10y
@Ana G. Looks like a great deal but just have too much going on and jumping into a new market for a single rental is just not greatest use of my time right now.
Twinsburg, OH · Member since 2014 · 36 posts · 8 votes
10y
Hello Guys, I am getting ready to buy " buy and hold " properties in and around canton area. I know Canton well, my wife grew up there. Feel free to get in contact with me if anyone would like to share some info. It ll be great to get more info on the market. thanks and good luck to everyone
Specialist · Grand Rapids, MI · Member since 2016 · 1k+ posts · 611 votes
10y
@Emily B. Emily, Almost all of the units the investor is unloading are on the MLS now. It is a combination of SFH, small multis, motels, and random commercial properties. He is self managing but is not really retiring as much as trying to get out of that area to develop in Mexico.