All Forum Posts by: Josiah Swartz

I've used Erin Gallagher over at Seber Tans for the last 2 or 3 years. I only have 1 duplex that I rent out under an LLC, but I assume they'd do well with more complex REI too. They have a large team of professionals.

$850 is too high a rent for that rough of an area. You might see that rent rate a little further Northeast in Kalamazoo, but still it would be pushing it. Maybe if utilities were included.

Still, even if it's $650, it will cash flow if you don't have any debt on it (would you buy it without a mortgage?). Might be a decent return if there aren't any big improvements that need to be done. Very transient neighborhood though. Put in a big vacancy expense.

Welcome, @Andy Schreuder! We'd love to have you at our next meetup, which is Tuesday, November 3. We meet at 7pm at the Panera on West Main. I'd be happy to introduce you to a few people that can help you out!

Hi Tion,

There are a few different groups you might be interested in getting connected with. All 3 are also listed on Meetup.com

@Brandon Krieg and @Michael Lerch run a big one just outside of Grand Rapids (West Michigan REI Club).

The Kalamazoo Area Rental Housing Association (KARHA) has one sponsored by the RPOA (Rental Property Owner's Association).

Myself and a handful of others meet once a month at the Panera on West Main. Next one is Tuesday October 6th at 7pm (Kalamazoo Real Estate Meetup)

I've spent a little time with a very successful commercial real estate investor up in GR. His experience is in complexes with 70+ units, but I'm guessing he might be able to help you out since he's finally gotten out of his j-o-b and might be looking to give back. I can dig up his contact information and see if he's interested if you want.

It'd be great to meet you at our next meetup, @Nicholas Myers. October 6th is our next scheduled meeting (you just missed the one from this month).  Once in awhile @Nate Miersma shows up and he's an active and successful house flipper in the area. Maybe he can give you some good tips on getting started?

I can second @Brandon Krieg's offer. I live right in Kalamazoo and would be happy to help out. I'm not sure if I could have noticed all those problems though. Could you? You might not have done a walk-through at the beginning, but good thing you got an inspector to do their job. Relatively inexpensive insurance against a nightmare situation.

This meet up is happening again tomorrow night at 7pm! Not sure if anyone is still following this thread, but we're still meeting up on the first Tuesday of every month at Panera in Kalamazoo.

Call/text with any questions: 269.910.9988. See you then!

PS--I have a couple of leads that I'm not interested in chasing after. If you're there tomorrow, you're more than welcome to take them.

Thanks for the shout out, @Robin Secord. Our next Meetup is next Tuesday, September 1st at 7pm at the Panera on West Main. We'd love to have you there! 

Meetup tonight at 7pm. Hope to see you all there! Call/text with any questions: 269.910.9988