Real Estate Sales and Investment Specialists – Phone: 616.531.1843
There are some phenomenal investment opportunities in Grand Rapids right now! I just spent some time looking at the latest HUD and foreclosure inventory, and there are some great investment properties at great prices.
During my search I found 7 duplexes that can be purchased for less than $12,000. These properties will create a very strong positive cash flow after some repairs are done. I also found an investment property in Grand Rapidsthat sold for $1,000! The property was not in great shape, but easily worth $10,000 more than they paid for it. This is just an example of persistence paying off.
During this down time that our market has taken, many great properties are being sold far below market value. This is the time for investors to buy houses in Grand Rapids, hold them for a few years, and then cash out.
If you are thinking about purchasing an investment property in Grand Rapids, contact us at 616-531-1843.
