All Forum Posts by: Account Closed

I've been following threads on investing in the Midwest on BP. I saw a few threads on the NW Indiana region. A few areas recommended included Hammond and Merrillville. After a bit more research, Hammond turns out to a a high crime region - so I'm assuming C or D class. And got feedback from another investor that Merrillville can get very rural quickly which may make finding renters a challenge. Red flags.

Any feedback for areas that are strong rental markets? 

I'm looking to buy and hold with low $45-60k entry with a 12-15% return, Class B neighborhoods in a landlord tax friendly state / area.  Does it exist? 

@Dan N. Q's for you on the Corpus Christi area.  It looks like they have SF inventory ranging from $130-$150k.  Based on estimates from Zillow, it looks like rents are ~$1500 month for a 3b/2b. Do those data points jive with what you're experiencing? What have you seen as the vacancy rates? It looks the main industry down that part of TX is primary military, naval base.  Do you find a large % of turn overs for your rentals in this area?

@David Thompson When you say NE San Antonio are you referring to the Valley Forge, Monterrey Village, or Royal Ridge areas? I did a quick search and did not see very many MF unit inventory on Redfin but lots of SF homes instead ranging in the $120-$190k range. 

I'm looking at Austin housing inventory and I am seeing inventory NE and E of the Austin International airport for 3b/2b ranging from $135-$170k.

Any feedback on these areas? Any things to look out of as an investor?  Any 'more desirable' pockets in that range within Austin? TIA for the feedback.