Updated about 7 years ago on . Most recent reply
Investing in the Beloit area
Hi, I am an oos investor looking at some sfh in Beloit area, zips 53511. I have general questions on the neighborhood. Is crime a concern? The numbers seem interesting, it seems its possible to achieved 1.5% rule. How is the local economic trends? I have been reading good things about the economic revival in Beloit-Janesville area. Typical eviction and vacancy rates would be good to know also. Overall just looking to see what someone who is investing there things about the potential of that area for cash flow. Thanks!
Most Popular Reply
@Account Closed I think Beloit is a great rental market if you know what you are looking for. I currently own about 70 rentals in the and have a Real Estate team helping others invest get in the market as well. If you are interested in working with my broker to help you find deal both on the MLS and off, please let me know and I can send you his contact information. There are also a couple management companies & banks that I use that are Out of State investor friendly. We can help you get a better feel for vacancy rates and price points based on the locations in the city you are looking at.