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Investing Strategies

Grand Rapids Rental Case Study

So, I’ve been super happy with a rehab project I did on a remote rental property in Grand Rapids, and I want to share with you—at a high level—how I got the deal and how some of the numbers played out.

Hey Moguls, Matt Andrews here, with a quick-and-dirty step-by-step walkthrough…

Step 1: Market Research

Well, we started at the beginning: market research.

Listen, any time you're investing in a new market, you need to find out:

  • what investors are paying for properties
  • how much you can rent properties for
  • what you can sell properties to other investors for

I did my market research and found a cozy 3-bedroom house—along with a bunch of others—that I made offers on, based on that critical market research.

Step 2: Offer

I got in touch with a Realtor. This person is obviously local and could put my offers in for me. She knew the kind of deals and properties I was interested in and was able to handle doing…


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