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Updated 11 months ago,

User Stats

3
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0
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Robert Nguyen
  • CMA
0
Votes |
3
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Potentially Investing in a Rental in Anderson IN

Robert Nguyen
  • CMA
Posted

Hello,

I was approached with a Off market deal for a small property in Anderson, 2/1 700 sqft

There is a M2M tenant paying a healthy amount in rent, I was going to just pay cash for this place, it is well under 100k.

The plan was to collect rent until they decide to move out and then spend a little bit to update/renovate even though it looks pretty good so far, and then flip it for 110-120. 

My question is, is Anderson a decent place to invest in now? I found older post from 5+ years ago that all say stay away, have times changed or is it pretty much the same?

TIA

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