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Indiana Real Estate Q&A Discussion Forum
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Updated over 5 years ago on . Most recent reply

User Stats

42
Posts
6
Votes
Ken Van Haitsma Jr
  • Investor
  • Dyer, IN
6
Votes |
42
Posts

Multi-Family in Michigan City Near Train Station

Ken Van Haitsma Jr
  • Investor
  • Dyer, IN
Posted

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!  

  • Ken Van Haitsma Jr
  • Loading replies...