Battle Creek Real Estate Property Investors

Battle Creek Real Estate Property Investors are a mix of people from all walks of life.  With the loss of national confidence in Wall Street in recent years, investors have been pulling away from traditional 401k type investments, and placing them in Real Estate. 

Battle Creek Real Estate Property Investors are siezing great opportunities.

Battle Creek Real Estate Property Investors

are able to invest in homes in the area that are between 2 or 3 bedrooms, and often can find foreclosure properties in many neighborhoods in the city for under $50,000 on average.  Sometimes one can find a foreclosure that is well below that in price, but would require additional funds to make the property livable again. 

Some Battle Creek Real Estate Property Investors seek to remodel a home completely, and then re-sell it for a profit once completed.  Others seek to retain them as rentals. 

In recent years, Battle Creek Real Estate Property Investors have run into difficulty with two city ordinances with that have made this type of investment challenging.  The rental property ordinance numbered 1463, places additional restrictions on the landlord, which some have found too complicated to deal with, and thus choose to invest in similar homes outside the jurisdiction of this ordinance. 

Therefore they go to invest in Harper Creek, Pennfield, Athens, Marshall, East Leroy and Bellevue.  The other ordinance which can make a Battle Creek Real Estate Property Investors project challenging is the Vacant and Abandoned Structures Ordinance numbered 1456. 

Investment opportunities have never been greater in Battle Creek.

If one is buying a foreclosure, and the foreclosure was vacant for more than 28 days, and among other points, conforms to the description in the ordinance of ‘Demonstrates lack of property maintenance’, ‘Has been boarded up or secured for at least 28 days’ or ‘Has utilities disconnected or not in use’ the property may have its occupancy status removed before one acquires it.  Once the occupancy status is removed, it requires that the owner go through a city inspection, and the inspectors have been requiring that the older homes be brought up to current building codes, rather than the codes of the time the structure was built. 

So for Battle Creek Real Estate Property Investors, these issues can be a deterrent, but at the same time, if you can take the time to navigate through these issues, it can make for less competition in buying homes.  This can create some great opportunities and profitable acquisitions for Battle Creek Real Estate Property Investors

If you are interested in getting started as a Battle Creek Real Estate Property Investor, give me a call at: 269-441-8182 or visit my website at: www.michaeldelaware.com.

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