Make sure to keep an eye on property management and maintenance to maximize long-term value.

We had to get an industrial length snake to get at the problem as the sewer line was about 150’ long.

@Joe BellevilleTo build a successful multifamily property portfolio in Grand Rapids, set criteria for property type, location, and budget, build a team, analyze deals using the 1% rule, leverage house hacking, leverage local knowledge, prepare for tenant management, network, and focus on long-term goals.

About 25% of tenants are late but as long as they pay their late fees and get caught up you shouldn't worry about it.

ONLY last resort when my bank LOC's were maxed and I had a deal I did not want to miss they can be frustrating to work with I found.

How long have they been there?

My long term investing goals are to build a portfolio and continue investing with my husband after this project.

The process of flipping and rehabbing isn’t just about the renovation itself—it’s about having a clear, long-term vision for the property and executing it step by step to bring that vision to life.

So - As a PM I do free property analyses for people who are current owners or are people under contract or even just see one that catches their eye. 

We were both born/raised in the area and my family still lives there so long term we will eventually move back ourselves. 2.