On 2/22/16, CrestCore real estate agent Dean Harris was guest on The Mortgage Lady with Ludy Callaway on AM990. In this segment, Dean talks about the unique investment real estate opportunities in Mississippi and how to get more bang for your buck.
Listen to the Segment
Mississippi is a growing market for real estate investors
There are a lot of people moving to Mississippi from Tennessee because you can get more bang for your buck. Areas like Olive Branch and Southhaven in northern Mississippi are becoming much more accepted by the Memphis market and have great school systems that are attractive for tenants. In Mississippi, there is a lot of available land designated as “rural” and can qualify for a 0% down USDA Loan. This creates opportunities for builders which in turn benefits residential real estate investors. Inventory is Mississippi is low, resulting in multiple offer situations, so it is helpful to work with an experienced agent to help you find deals and take advantage of this burgeoning area in the Mid-South.
The Dean Harris Team
Dean works closely with real estate investors and has sold over 250 properties in the last 5 years. With the support of CrestCore, Dean and his team are able to help investors buy and hold investment properties in Tennessee and Mississippi with a monthly return of about 16%. He recommends that new investors get their feet wet and start out with only 1 or 2 homes. From there it is much easier to buy more properties and grow your portfolio.
Contact us today for more information or email Dean at firstname.lastname@example.org.