Hello everyone. I am currently placing a home under contract in the hattiesburg area of MS but I am currently out of state. Can anyone please give me some advice on the area? Are there any investors that actively work that area I don't see many post about it. 

Im there, questions?

Originally posted by @Darron Stewart :

Im there, questions?

Hi Darron. What are the price points investors are buying in that area near the University? it's a 3/2 with minimal repair needs. Current owner has had strong consistent rents for the home for over 9 years renting to the college students. ARV is 120k repairs coming in at around 10-15k

It all depends on location.  What are you getting it for?  Ouch, to me 10-15k is not minimal repairs in this location, I get fixers for 45-85 and put 5-10 in them, my rents are 1000-1500.

Also, where are you located and where donyou invest?

Originally posted by @Darron Stewart :

Also, where are you located and where donyou invest?

 I'm located in Washington D.C and invest in the D.C Maryland Virginia Area. House is 2 blocks away from USM campus. 

Im from DC area.  Settled here 12 years ago. 

What are you getting house for?  What needs to be done?

I'm helping out a friend who is a absentee owner, doesn't have the time to manage the home anymore, and wants to sell as soon as possible. I can message you the details.

Info?

Are you buying or selling?