All Forum Posts by: Immanuel Price

Great Amy! I look forward to it!

Amy,

I am in the North West area of Indiana and am very familiar with the market here.  Let me know if there is anything that I can help you with!

The South Bend/ Michiana area is wonderful for this!

Welcome @Anshul Chandra! Great to have more active members here. You said you've been on BP for a while so I'm sure you know about all of the great info on here. Great to hear from ya!

@Rocky Verteramo Forestbrook Ave. I see you're from the area. Are you familiar with this area of South Bend?

We have pulled the comps. With a potential sale after rehab of $80K, this 3BR/1BTH home has all the potential to get back to its original profitable status with a little bit of elbow grease. Nice 2 car detached garage (Not affected). Fire started on porch and began to roll back before being put out. With Rehab Est at $30k this house will be easy to flip or rent. A great investment property, located in a great, quite, manicured, country setting of South Bend. Neighbors enjoy the great nearby schools, close proximity to grocery and shopping malls. Minutes from The University of Notre Dame, you are in a prime location. 

@Anna Greer You've got two knowledgeable Local guys here with the scoop in @Aaron Linden and @Account Closed you've got some really compelling evidence here that we're definitely in the right place for continued growth. We have like you said, a string of strong cities Connected at the hip that more or less build a well rounded 30 square miles of big development all happening right now! Time to jump in!

Anna

In my experience, South Bend has a great rental market. Most places have an average fo $600-$700. depending on area. But you can definitely find more. The city has cleaned up with a partnership with the University of Notre Dame, and if you check the economy section of the paper here, you'll find over 700 Million dollars has been flooded into development of this area. It wont be long before there's an up-tick in cost, and a decrease in availability.

Multiple 30% Plus Return Flips in Michiana. We have property flips with great return potential in some of the most desirable areas of South Bend to New Carlisle, and Elkhart Indiana. Some upwards of 50% ROI! Our investors enjoy the appeal of in demand locations, low unemployment rates, close proximity to The University of Notre Dame, rapidly developing areas. These properties won't be available for long, contact Manny today by calling 57433 FOUR 7778 for more information

Spacious duplex located on the west side of South Bend.
Rent-able units at $1200 plus. Full of great original wood work. Rehab (total) - $15,000

This 3 bed (upstairs) 2 bed (downstairs) DUPLEX has newer mechanicals (furnace, water heater).
Electric is metered separately, with gas and water on one meter.
These are very easy spaces to rent.

Cosmetic work needed inside: new carpet and fresh paint. Siding could be done and a finish on the second half of the roof.

Located near a revitalized and newly renovated area of south bend. Shopping, restaurants, schools.

Rehab (total) - $15,000
Monthly cash flow - $1200
Owner paid utilities monthly (optional, can have tenant pay) - $75 each
Taxes (yearly) - $290
Insurance (yearly) - $800
ROI -- 23.2% including management and vacancy