Rental Property Owner & Real Estate Investor Podcast
About This Show
Every Monday your host, Brian Hamrick, and his special guest will discuss topics, tips and techniques designed to make you a more confident and successful rental property owner and real estate investor.
Most Recent Episode
EP079 How He Turned a Teardown Two-Unit into a Cash Cow with Mike VanderWoude
4 days ago
Abandoned and Dilapidated for the past ten years, it was a two-unit property that no investor wanted anything to do with. I would drive by and wonder when the city would get around to tearing it down. And then, Mike VanderWoude came along. Mike is a broker at 616 Places, and he saw something that no one else did. He saw money. Today, Mike takes us step-by-step through the acquisition and rehab of this two-unit property. How he negotiated the purchase price, acquired a construction loan, and checked with the city to make sure that it was indeed, a 2-unit property. Mike also talks about the dynamics of Grand Rapids' West Side neighborhoods, how he researched what residents want in a home, whether they prefer a tub or shower, and the value of having great photos for marketing. I know you'll enjoy learning from Mike's experience bringing a 2-unit back to life. You can find out more about Mike on the web: http://www.grandrapidshomesforsale.com/mike-vanderwoude/ Enjoy the show!