Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
General Landlording & Rental Properties
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 5 months ago on . Most recent reply

User Stats

13
Posts
6
Votes
Nick Wimmel
  • New to Real Estate
  • Santa Barbara, CA
6
Votes |
13
Posts

South Bend, Indiana Rental Market

Nick Wimmel
  • New to Real Estate
  • Santa Barbara, CA
Posted

Hey BP!

I’ve been seeing people post about the South Bend, Indiana real estate market and have become interested after doing some research. I like the fact that the price points are lower than most other markets and that the city is home to Norte Dame University. Can anyone please share their insight/expertise on the South Bend market? I’m interested in purchasing a rental property and or properties if I can find the right deal.

  • Nick Wimmel
  • Most Popular Reply

    User Stats

    109
    Posts
    55
    Votes
    Alex Ferraro
    • Investor
    • South Bend, IN
    55
    Votes |
    109
    Posts
    Alex Ferraro
    • Investor
    • South Bend, IN
    Replied

    @Nick Wimmel For context, I have 20+ properties in South Bend as well as Chicago. I also live in South Bend. I think the market is great for low price point and subsequent cash flow. It can also be a a good market for appreciation IF you know where the path of progress is.

    I disagree about South Bend being on a downward trajectory. I think it was on a downward trajectory ever since Studebaker went out of business 60 years ago, but has clearly been getting better in the last 10 years. Notre Dame has had a lot of involvement in improving the area in the last 15 years, and there is a growing startup community. I also notice a lot of people from Chicago moving into the area (myself included) due to the movement towards remote work, although this is anecdotal evidence. I would encourage you to read the City’s development plans and population statistics. The population is certainly growing, but not at what I would call a rapid pace. There is a lot of new development moving south and west of Notre Dame.

    As for the specific neighborhoods - I think you can simply refer to the Trulia crime map as it tends to be pretty accurate. I invest in pretty much all of the neighborhoods, and would be happy to discuss specifics if you’re interested.

    Loading replies...