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Updated over 3 years ago on . Most recent reply
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Advice regarding investing in Anderson IN
I am evaluating this town to see the investment potential. I know it's a struggling town, however I'd like to understand the tenant mix/longer term viability. I am not looking appreciation but rather cash flow. Definitely interested in B/C+ properties.
I would greatly appreciate any and all insights you might have.
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Originally posted by @Jahan Habib:
Originally posted by @Matt T.:
Anderson can be a nice town and can also be pretty rough. I went there to evaluate a deal yesterday and everything seemed fine until we got about 1/4 mile from the property. Everything went downhill quickly.
I think it is an area you will have to get a team you trust, or you will need to visit the properties in person...
Thank you Matt. I think an in person trip sounds like a good idea at this point.
I have also searched BP for other threads on Anderson and it looks like opinions are negative to neutral.
I appreciate your insights.
Try kokomo similar prices better workforce. Or come to Lafayette very strong economy but higher prices. I have a few in kokomo if interested.