Creating Wealth Real Estate Investing with Jason Hartman CW 1075 FBF - Jackson, Mississippi Market Profile - $60,000 Gems, Employers, Exceptional RV Ratios
Today's Flash Back Friday comes from Episode 744, originally published in October, 2016.
A local market specialist in the Jackson, Mississippi area joins Jason to share details of what makes Jackson a great place to live and to invest. Those looking for blue collar or white collar work are likely to find it in Jackson as employers abound. The well built, low-cost properties have a high RV ratio and the regulatory climate is landlord friendly. Brick on slab construction and agreeable climate make rehabbing lest costly and do-able year round.
Key Takeaways:
[1:36] There is plenty of work and money goes farther in Jackson, Mississippi
[4:10] Details of Jackson's regulatory environment and landlord friendliness
[5:19] Who are the target tenants of Jackson and who employs them?
[7:43] Typical house prices, cost to rent and what is included in a rehab
[10:44] Classifying the properties based on cost to buy, building type and school district
[13:30] After inspections, properties are upgraded and rehabbed with durable materials
[15:46] A 6-month warranty on rent and upkeep is standard with this local market specialist
[16:31] Jackson Mississippi has exceptional RV ratios. There are plenty of low-priced homes which collect high rents.
Websites:
www.JasonHartman.com/Properties