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Updated over 3 years ago on . Most recent reply

User Stats

101
Posts
19
Votes
Jahan Habib
Pro Member
  • Rental Property Investor
  • Somerville, MA
19
Votes |
101
Posts

Advice regarding investing in Anderson IN

Jahan Habib
Pro Member
  • Rental Property Investor
  • Somerville, MA
Posted

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.

  • Jahan Habib
  • Most Popular Reply

    User Stats

    50
    Posts
    6
    Votes
    Clint Moore
    • Investor
    • Lafayette, IN
    6
    Votes |
    50
    Posts
    Clint Moore
    • Investor
    • Lafayette, IN
    Replied
    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. 

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