Real Estate Consultant · Glendora, CA · Member since 2019 · 314 posts · 95 votes
Hi BP,
I'm an agent here in SoCal and own a SFR. I love the appreciation in California, she's done me well lol. Now, I'm looking for a cash-flow play.
I have a friend that lives in Bloomington, and he's been telling me to invest out there. From what he tells me, the area is upcoming, universities are near by, and cash-flow has upside.
Has anyone personally invested in Bloomington or work in the area as a realtor?
I'm an agent here in SoCal and own a SFR. I love the appreciation in California, she's done me well lol. Now, I'm looking for a cash-flow play.
I have a friend that lives in Bloomington, and he's been telling me to invest out there. From what he tells me, the area is upcoming, universities are near by, and cash-flow has upside.
Has anyone personally invested in Bloomington or work in the area as a realtor?
I would love to get insight.
Best,
Brandon,
Hey buddy!
I haven't invested in Bloomington, but I've looked at it closely! I rated all the MSAs in the country by metrics that correlate with rent growth, and Bloomington ranked #6 out of 382! Solid population growth, and importantly, very little new unit construction over the last decade.
I'm an agent here in SoCal and own a SFR. I love the appreciation in California, she's done me well lol. Now, I'm looking for a cash-flow play.
I have a friend that lives in Bloomington, and he's been telling me to invest out there. From what he tells me, the area is upcoming, universities are near by, and cash-flow has upside.
Has anyone personally invested in Bloomington or work in the area as a realtor?
I would love to get insight.
Best,
Brandon,
Hey buddy!
I haven't invested in Bloomington, but I've looked at it closely! I rated all the MSAs in the country by metrics that correlate with rent growth, and Bloomington ranked #6 out of 382! Solid population growth, and importantly, very little new unit construction over the last decade.
Bloomington is super liberal and there are a lot of restrictions out here. Need occupancy permits. It is not a landlord friendly city. It’s becoming a mini California.
Hi everyone , im looking at a duplex in Bloomington Indiana and about to make an offer next few Days. I like the potential and also the average rent price. I don’t know the city but I’m curious to ask if anyone can give me tips/information on investing in Bloomington Indiana. Also if anyone has a management company they can recommend that would help.
Hi, Olympus Properties is a great management company. I have a renovated cashflowing triplex available in Bloomington if you're looking for additional properties.
Also, my triplex is located outside of Housing and Neighborhood Development (HAND) jurisdiction in Bloomington, while still being within city limits. No occupancy permits or inspections required!
@Jon Schwartz I have a renovated, cashflowing triplex available in Bloomington with no occupancy permit/inspections required since its just outside of HAND jurisdiction. This is a stable property with every major component renovated this year. Cashflow $430/month (or more if you put more than 25% down) with full service property management! Message me for more information!