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Updated over 1 year ago on . Most recent reply
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Michigan City, IN
I have been hearing good things about this area. Does anybody have any insight? Investors here already? etc....
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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.