Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

76
Posts
50
Votes
Carlos Quiros
  • New to Real Estate
  • Los Angeles, Ca
50
Votes |
76
Posts

Michigan City, IN

Carlos Quiros
  • New to Real Estate
  • Los Angeles, Ca
Posted

I have been hearing good things about this area. Does anybody have any insight? Investors here already? etc....

  • Carlos Quiros
  • Most Popular Reply

    User Stats

    530
    Posts
    741
    Votes
    Joel Florek
    • Rental Property Investor
    • Michigan City, IN
    741
    Votes |
    530
    Posts
    Joel Florek
    • Rental Property Investor
    • Michigan City, IN
    Replied
    Quote from @Carlos Quiros:

    I have been hearing good things about this area. Does anybody have any insight? Investors here already? etc....


     I live in the area and own 155 units in the region. None in Michigan City. That should provide you a bit of insight right there to my opinions. Michigan City is a town with soooo much potential given its South Shore access to Chicago and the amazing asset of Lake Michigan. I got married on the beach in Michigan City so I do appreciate the community and see its beauty. In my 6 years of living down here there have been more than a fair share of big developments that were supposed to go into Michigan City, none have happened other then the double track.  Frankly draw a circle 20 miles around Michigan City and I would rather invest in any one of those towns. The town just doesn't have the political willpower to clean up the city and deal with homelessness, crime, and deteriorating buildings/homes. Those factors lead the middle class to chose to live in the county or neaby communities like Chesterton, Westville, or LaPorte. Every person I know who has a good job in Michigan City doesn't actually live there. There is a small strip on the waterfront of vacation homes and that is about it. Hopefully, that paints a picture for you. 

    Keep in mind I am a local here, I want Michigan City to grow, thrive and get better. I sincerely hope it does and if they can figure it out wow is that place going to make a lot of people wealthy when it gets moving but from everyone I have spoken to that time has been about to come for many decades all while there is a lot of better more consistent things happening in the communities nearby. 

    Loading replies...