Elkhart, South Bend, and Fort Wayne, Indiana

[Vincent DeLucia]

Looking for some insight in Elkhart, South Bend, and Fort Wayne Indiana. Any Realtors, Investors, or anyone who can provide some thoughts on the area please let me know. 

[Jordan Keil]

All are good areas for investments - there are great opportunity areas in South Bend surrounding Notre Dame University or Indiana University South Bend. Elkhart/Goshen's economy is largely dependent on RV, trailer, and boat manufacturing - there is some risk when those industries are slow or having shut downs (recessions have major impacts on this area), still a thriving area overall today. Fort Wayne is a fantastic market with a lot of upside appreciation potential. It is the second largest city in Indiana but home prices are the 10th most expensive. Overall city development was not a primary focus of the city until the last 10 years with construction really kicking off about 5 years ago. There is a ton of downtown development in the works over the next decade plus. Cash flow is still possible in all three markets if you're financing your transactions but obviously the interest rates are affecting cash flow significantly.