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ForumsArrowMississippi Real Estate Q&A Discussion ForumArrowFirst Rental in Brandon, MS
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First Rental in Brandon, MS

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Patrick Welch

posted about 2 months ago

Hello all,

We've been lurking for a while and doing research to begin investing in real estate. After a few months of reading and searching, we settled on Brandon, MS as a location and just purchased our first rental home. We just wanted to jump in and engage with this community, as I'm sure we'll have questions along the way. We're looking for one more home to get started, and then get into the flow from there.

We've used Roofstock for this transaction, and thus far had a great experience.

We're from New England and have one rental home there, but this will be our first remote property.

Thanks!

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Colin Leach
from Madison, MS

replied about 2 months ago
That's great Patrick. I am on the same journey as you. I live about 20-30 min from Brandon myself. I'm curious to hear more about your Roofstock experience.

How did you settle on Brandon? Have you ever been there? Do you know much about the area?

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Patrick Welch

replied about 2 months ago

Hey Colin,

Great to meet you. No, I haven't been there - although I have family in Covington, LA which is about 3 hrs away and I do have a fondness for the South. Really, it seemed like the financial data combined with the neighborhood and school system ratings were an exceptional mix for this area - and hard to find elsewhere. We also looked at Lexington, SC area - but met a great broker in MS that made us feel comfortable. We're also looking at Canton, MS.

I've really enjoyed Roofstock so far, I feel like we were able to access good data up front - putting in an offer was simple, the team they have connected us with so far (broker, PM, Title, etc.) have been very friendly and responsive. They are also taking care of the admin side of things, so I just have to be available when called upon - but don't need to drive the process.

Happy to answer other questions as we move forward.

Thanks,

Pat


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Chris White

replied 22 days ago

Brandon is a good area, really you need to know the local counties and schools the properties land in. Northwest Rankin and Brandon HS both fall in Brandon and both are good. We invest in Madison County which is comparable, arguably slightly more expensive in the good areas, but in my opinion better appreciation. We are looking into Brandon/Rankin Co for our next purchase.

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Patrick Welch

replied 22 days ago

Thanks. We just purchased a second property in Canton as well. We're looking forward to moving things forward!

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Paul Dillon
Rental Property Investor from Louisiana

replied 1 day ago

@Patrick Welch congratulations Brandon Ms is a little over 100 miles from me. I have one rental in Tyler town Ms and it does great. Welcome to investing in the south.

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Patrick Welch

replied 1 day ago

Great to meet you Paul - we have family in Covington, Louisiana!

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Related Discussions

  • New Member IntroductionsNew Member Brandon,MSDec 18 2016, 10:47
  • New Member IntroductionsNew Member from Central Mississippi... Brandon, MSJun 18 2015, 22:14
  • New Member IntroductionsBrandon MS - Need advice on the Rental marketNov 11 2020, 08:04

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