Best Places in Mississippi to Invest
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?
Hey boss! Columbus and Tupelo have amazing prices.
Thanks @Darryl Matthews! I will take a look!
I like the south, gulfport, biloxi etc
Thanks @Jeremy H. - I will take a look!
@Jim Strickland I live on the coast if you have any questions.
I appreciate that @Joel Case - I'm hopeful that our property management team can manage down there in the future.
@Jim Strickland
I agree with @Darryl Matthews Columbus OH is a great market. It's a solid hybrid market for cash flow and appreciation.
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@Patrick Drury interesting! I know a great property management company in Columbus, OH: Evernest.co
I run the MS Coast REIA and a broker in the Gulfport/Biloxi area. Let me know if you need any assistance.
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.
Thanks, bud!
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. :)
Quote from @Jim Strickland:I still invest in South Jackson but I'm interested in properties in Byram.
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?
Hi @Susan Maneck, would you like for me to send you deals in Byram when they come across my desk?
Quote from @William Anderson:
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!
Jim, if you ever come down to the coast, consider staying at one of our places: ChristiesGulfBeachRentals.com
Quote from @Jim Strickland:
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.
,
Quote from @William Anderson:
Jim, if you ever come down to the coast, consider staying at one of our places: ChristiesGulfBeachRentals.com
Thanks William. My wife and I often enjoy going to the beach.
Quote from @Susan Maneck:
Quote from @Jim Strickland:
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