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BUY AND HOLDE RENTAL PROPERTY
Grand River’s objective is to concentrate on buy-and-hold rental properties, ranging from single to multi-family properties. From a cost and revenue perspective, multi-family properties tend to be more attractive – be these four-plex or apartments.

To be more specific, the “cost/door” for a single family property is easily in the $225,000. to $250,000. price range. A four-plex will typically sell for perhaps $420,000. in the Hamilton area, or a an 8-unit apartment for $650,000. in the same city. Comparably, the cost/door for the three types will be $225,000. $105,000., and $81,000. Similarly, from an income perspective, the single family unit would generate about $1,600/month, whereas the apartments will rent for about $1,100/month. Quick math suggests that income/investment for the single family will be about 8.5% annually, whereas the apartments will be 12.5% for the four-plex, and 16.3% for the eight-plex.

Additionally, the cost of a vacancy is reduced with a multi-plex; in the above examples, a single family vacancy generates no income but 100% of the expenses, whereas in the multi-plex examples, there are either three or seven other units to cover expenses in the event of a vacancy.

While the investment required to acquire multi-plex properties is higher, and the financing will be at commercial rates which are somewhat higher, the investment per unit will be lower, and the financial risk of vacancies is also significantly reduced when compared to single family properties.

PROPERTY ACQUISITIONS

Grand River is a team of real estate entrepreneurs – we apply our abilities and experience to successfully put real estate ventures together. We buy properties that will deliver solid cash flow returns and appreciation, both in the short and medium term, for our joint venture participants.
Our main activities are:

Customized Joint ventures →
Property Acquisitions →
Rental Properties →
Generate positive cash flow →
Property Management →
Home Purchase Solutions →

OUR AREAS OF SERVICE

Customized Joint Ventures

As real estate entrepreneurs, acquisition and ownership of properties is accomplished by creating customized joint ventures.

Property Acquisitions

One of the pearls of wisdom in real estate is that “you make your money in the buy”; Grand River strives to ensure the success of all participants.

Rental Properties

Grand River’s objective is to concentrate on buy-and-hold rental properties, ranging from single to multi-family properties.

Property Management

Effective property management is the difference between profits and losses in rental real estate.

Home Purchase Solutions

Grand River has modified the Rent to Own process which, while potentially reducing the number of qualified occupants, ensures a greater success rate.

Meetings and Social Events

Grand River prides itself on hosting meetup events to help invigorate a vibrant investor community .

Our Story

Our strategy is to employ innovative solutions for the joint ventures we form such that our clients, our joint venture participants, and Grand River all win, none at the expense of the others.

What We Do

Grand River is a team of real estate entrepreneurs – we apply our abilities and experience to successfully put real estate ventures together.

“Every mountain top is within reach if you just keep climbing.”

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