All Forum Posts by: Thomas Siswick

This is helpful, Jay thanks. So in terms of cities - Ridgeland / Madison solid areas.

You wouldn't recommend Flowood or anything east but still below the water?

Hi all,

I'm Tom, i work in sales in Utah and have purchased my first two investment properties around Jackson, MS. Both properties cash flow and between them bring in about $600-650 per month. One i put 20% down and the other i put 25% down. This is before any capex - so obviously scale is key in the market like this.

My goal was to buy three in MS for every one in Utah - allowing me to balance cash flow and appreciation equally through the two locations.

Have a great realtor / prop management team there and feel great about them and my relationship with them.

I just read about the declining population in Jackson, it being one of the fastest declining in the nation. How much should this affect my strategy there? Is it a big enough deal to sell the properties and redistribute cash? Or is it something i should monitor and find the good areas within the state? Or just hold on to those two but diversify the portfolio elsewhere also?

Any thoughts may be helpful. TIA