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Updated about 5 years ago on . Most recent reply
Investing in Jackson metro area
Hello All,
I recently started looking for properties in Jackson metro area. Specifically in Madison and Brandon. One of the offers I put in just got accepted. I live in a different state and I am new to real estate investing. Could the experienced folks here please share their thoughts on the area and if they have any suggestions that I should keep in mind during this phase?
Thanks for your time.
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Jay Hinrichs
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from my perspective.. Madison is one of the top address's in all of MS.
be careful though there is NO Multi family in the city of Madison they dont allow it.
and many of the SFR subdivisions have CCRs that do not allow ANY rentals at all.
So just make sure you check the CCR's carefully before you buy something you cant rent.
Soil issues are the number one thing to look out for in Jackson as it relates to the homes. that Yazoo clay can really do a number on a foundation.. you will note that as you drive around how bumpy the roads are.
be careful though there is NO Multi family in the city of Madison they dont allow it.
and many of the SFR subdivisions have CCRs that do not allow ANY rentals at all.
So just make sure you check the CCR's carefully before you buy something you cant rent.
Soil issues are the number one thing to look out for in Jackson as it relates to the homes. that Yazoo clay can really do a number on a foundation.. you will note that as you drive around how bumpy the roads are.
- Jay Hinrichs
- Podcast Guest on Show #222

JLH Capital Partners