Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
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 almost 7 years ago,

User Stats

21
Posts
3
Votes
Tina Herman
  • Investor
  • Lansing, MI
3
Votes |
21
Posts

Buying a good deal in a weak market- Jackson, MI

Tina Herman
  • Investor
  • Lansing, MI
Posted

I am ready to buy my first small apartment building and looking for deals in the 20-50 unit range.  I live in China, have family and a few duplexes in mid-Michigan and I have found a 24 unit deal with strong numbers in Jackson, MI (a city I know little about).  Everything I read about the Jackson market suggests it is bleak at best in terms of employment, pop growth, quality education, ect.  

To what extent does this matter if the numbers and tenant occupancy rates for my targeted deal are strong?  Hoping to hear some opinions regarding buying a good deal in a weak market.  Any specific experiences, positive or other, that others have had in Jackson, MI would be welcome, as well.  

Loading replies...