Indiana Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Multi-Family in Michigan City Near Train Station
Hi BP Indiana!
I'm still looking for my first investment property and I've been searching all over the place. From Hammond to La Porte, Lowell to Michigan City, and so on.
I've noticed some multi-family properties for sale in Michigan City, IN that seem to be in decent condition, the numbers check out, and they are within walking distance of the train for an easy commute downtown. I know Michigan City has a bit of a crime problem, but I'm not sure if it is a reason to stay away from the area if I'm looking for a lower priced first property for my portfolio. I'm having trouble finding a comfortable medium between affordable property (for me) and reasonably safe community for my tenants.
If anyone with experience in this area could give me some advice it would be greatly appreciated!