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Updated over 3 years ago on . Most recent reply

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Mary Jay
  • Glendale, AZ
226
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1,266
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Gary In , East Chicago In

Mary Jay
  • Glendale, AZ
Posted

Do any of you guys invest in Gary or East Chicago? Are those areas super bad with high crime? 

Most Popular Reply

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482
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Scott Steffek
  • Flipper/Rehabber
  • Crown Point, IN
216
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482
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Scott Steffek
  • Flipper/Rehabber
  • Crown Point, IN
Replied

Mary Jay,

I started flipping houses in  Gary, many years ago. To make a long story short, I wouldn't invest in Gary unless you're a "tough as nails" investor. There's money to be made there, but you better have one of the best property managers in the state working for you!  As Eric Meyer pointed out, East Chicago is a decent place to invest. I have investors that have bought quite a few multi units from me out there, and they're satisfied. However, it's like any other city. It does have a few undesirable blocks and you just need to stay away from those. If you'd like more information, feel free to PM me. Best of luck to you.

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