Max,

I know I am a little late answering your question and you may have moved on by now, but if you are still interested in buying an investment property in Jackson, MS than I may be able to help. The best advice I can give you before spending a dime on a home here is to invest in a plane ticket that brings you to Jackson. Do not buy a home site unseen, or at least in an area you have not visited. You are not going to get a straight answer from an agent regarding good or bad areas, because that breaks fair housing laws and we can be fined or loose our license answering that question.

Housing prices are lower here for many reasons, mainly supply and demand and the cost of living is lower in Jackson than in LA.

Keep in mind that, though a house in Jackson may seem cheap listed at $50000 when a comparable home in LA my cost $150000, it still may be overpriced. I have seen a lot of CA investors loose a lot of money buying homes while comparing apples to oranges.


I am a seasoned REO agent in Jackson and if you have specific questions about this market, feel free to call me at 601-613-7878

Hello there,
Jackson, MS is a tricky town, however there are some real jewels in and around town, I am also an investor, looking to meet other with like interest...we should talk!! You maybe a great match match with one or more of our properties. Please call me at 800-374-4393. I am looking forward to working with you!

Mike

Aloha Max,

I owned property in the Brandon area and had alot of problems with renters and management companies who claim to be good at their jobs. For 10 years i was not able to find one agency that was ethical . I got tired of the lies and sold my properties in Jackson and Brandon and bought property in Oxford MS. This area is very upscale with professional people who work at the Hospitals and the University of MS. You can rent your home for the football games or long term to faculty or students. Let me know if you have any questions. You can reach me at 808-640-3069 or visit my site: http://www.MiriMarHawaii.com

Rentals are up in Jackson.........Good area to buy is 39211 zip code.......And I have one for sale......It's la rental property in an upscale neighborhood...........159k

People have a hard time buying homes in Jackson right now because of foreclosures and so the rental market is great. The amount to purchase a home at retail is large, but wholesale deals are available. You can get a cash flow property for 50 cents on the dollar. Contact me if you are seriously considering this. I have the resources you need and will be glad to assist in any way I can.

Thanks for your inquiry. I would love to help you find the best areas for rentals/investments. I also offer rental management which means I try not to sell in any area that are hard rentals. There have been several areas that were hit hard with sub-prime loans which caused quite a few REOs which are great deals for buyers right now but you have to know the streets to stay away from. Let me know if I can help. Also, please check out my website at fondalester@yahoo.com .
Thanks,
Fonda Lester
Keller Williams Realty
601-624-8812

I have some great ideas for you as far as investment property in the Jackson, MS area. We are having our own share of difficulties here but perhaps not as bad as some other areas in the country. Jackson is a great place to live with lots of med students and law students in the area that are here to complete their educations. Rentals or small condos are what most of them are looking for. The Northeast area of Jackson is the area that they are most interested in as it is near their respective schools and the University Hospital. You would have no trouble renting your investment property as long as it looks good and is priced right. Please feel free to check out my website at http://www.selling601.com for more local information and for my contact info. I will be happy to help youany way that I can.