Real Estate Investing in Grandville, MI

Investing in Grandville can be a little tougher than some of the neighboring cities. For one, Grandville has a higher tax rate for “non owner occupied” properties. Translation: If you don’t live there, you pay more taxes. This is very common across the US, and in Michigan also, but Grandville does have one of the higher tax rates in the area.

This does not mean that you can not purchase investment properties in Grandville. There are many multi0unit properties available, as well as some great prices on single family homes.

If you are looking to flip a house in Grandville, think about searching out some of the smaller properties that have sat on the market, especially foreclosures. Take a look at the 2 bedroom houses, and the very small 3 bedroom house. Look for easy ways to add an extra bedroom, or extra square footage. Could you easily add a 3rd bedroom off the back of the house? What about a bedroom in the basement? Make sure the windows meet fire code, and if not, be sure to price that in.

Our Realtors are very familiar with investing in Grandville. Contact us for more information, or keep browsing our site for more information on Grandville real estate, Grand Rapids real estate, and general real estate and investing information for the Kent County area.

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