CW 744 - Jackson, Mississippi Market Profile - $60,000 Gems, Employers, Exceptional RV Ratios
Creating Wealth Real Estate Investing with Jason Hartman
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Show Notes
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.
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