Newbie in Grand Rapids, MI - small apartment buildings
New investor looking for advice pertaining to small apartment buildings (5-10 units) near Grand Rapids, MI. What do I need to know about my first apartment building purchase? Or mistakes to look out for?
What is the best way to find a mentor in this space?
Most Popular Reply
Hey Wade!
I've heard great things about Grand Rapids, MI. I would highly reccomend diving into Multifamily books, podcasts & youtube videos, those will help you with the basics. I myself started with small multi units like that before scaling up. One group I found really useful was Jake & Gino. They are both top notch. I'd start by checking out their podcast, Wheelbarrow Profits and reading their book which is also called Wheelbarrow Profits.
Let me know if I can help or if you have any questions.