Real Estate Agent · Jackson, MS · Member since 2021 · 26 posts · 13 votes
Jackson and surrounding areas have such affordable prices, but what areas surrounding Jackson are you finding the best deals? I am currently seeing Pearl, MS as a great sweet spot for cash flow PLUS appreciation. What areas are you focused on?
Thanks for reaching out, @Justin Allen - I have many investor clients in MS and I will look to refer to you for Gulfport/Biloxi. I mostly represent investors in the Jackson and surrounding areas.
Mississippi is an interesting state. In general the lowest cost of real estate in the country. My focus is on the Gulf Coast. Our agency works with locals who are buying their first homes or just moving but my effort is working with out-of-state investors.
I own several properties as full-time rentals and STRs on the Coast. Prices here have gone up as they have everywhere making it a bit more difficult but not impossible to find a jewel. We offer our clients the analytical approach. They tell us what their goals are and we find what they want within their goals.
I have a listing in Ocean Springs (county) for $75,000 the lowest price in the area on the MLS. $20k of improvements and it's good to go for the mid $ 150s or as an STR. A few years ago it was more common to find properties in this price range now most have moved into the $150k price and are up for a fixer.
Being on the coast, we have year-round visitors which is great for our economy and this good economy has been pushing rents up which is good for investors.
Thanks for your input, @William Anderson. I will certainly check out the Gulf Coast! My current focus is searching for great deals in Jackson and surrounding areas.
We may be able to work together. I am a broker on the coast. If you find a property that pencils out let me know. Most of my clients don't care where they invest, they are just greedy, and they want to earn a profit. :)
Jackson and surrounding areas have such affordable prices, but what areas surrounding Jackson are you finding the best deals? I am currently seeing Pearl, MS as a great sweet spot for cash flow PLUS appreciation. What areas are you focused on?
I still invest in South Jackson but I'm interested in properties in Byram.
We may be able to work together. I am a broker on the coast. If you find a property that pencils out let me know. Most of my clients don't care where they invest, they are just greedy, and they want to earn a profit. :)
That sounds great @William Anderson - I am a broker in the Jackson area, and I will certainly send you some deals!
Hi @Susan Maneck, would you like for me to send you deals in Byram when they come across my desk?
If it is stuff on MLS my property manager is also my real estate agent, but if you have some off-the market deals I might be interested in hearing about them.
Hi @Susan Maneck, would you like for me to send you deals in Byram when they come across my desk?
If it is stuff on MLS my property manager is also my real estate agent, but if you have some off-the market deals I might be interested in hearing about them.
,
Yes, I have great relationships with many wholesalers and I will keep you in mind!
I like Ocean springs and gulfport for now. But Pearl and Brandon are fast-growing areas. Just 20-50% more expensive. Great areas for STR right now I'd say. there's a demand for those in these areas