What real estate investors need to know about the Jackson MS market

Monique Kelly has been selling real estate since 2007 but has been around the business all of her life. She is the third generation in her family in the real estate business. Monique feels so privileged to work for the #1 company in the industry Century 21 and feels even prouder to work for the #1 Century 21 in over 38 states. Monique understands that a home is often the most important investment a family can make, and she wants to help make the process of buying and selling easy, successful and enjoyable. In this episode, Monique gives us her take on the Jackson, MS market. We cover what makes Jackson an attractive market, the areas within the market, price to rent ratios, level of competition, geographical considerations, and things investors need to be aware of when investing here. --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: What’s going on everyone? Welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by Monique Kelly, who is a Roofstock certified agent out in Jackson, Mississippi and she's going to be talking to us about all of the things we as investors need to know, and what we should be aware of as we're getting involved in the Jackson market. So let's get into it.   Hey, everyone, just a real quick shout out before we get into the episode today, on Wednesday, June 15th at 5pm Pacific time, I'm going to be hosting a group coaching session inside the Roofstock Academy. So that is for all of our Academy members on short term rentals. So we're gonna get together I sent out a message in Slack, I'll be sending everyone an email as well. For those in the academy, keep your eyes peeled. If you are not already a member of the Roofstock Academy, I definitely encourage you to come check us out at roofstockacademy.com and you can even come participate in this first group coaching session and learn quite a bit more about what we have to offer. Look forward to seeing y'all in there.   Hey, Monique Kelly, thank you so much for taking the time to come on and chat with me today about the Jackson Mississippi market. I really appreciate you coming on.   Monique: Yeah, thanks, Michael. I'm so excited to be on with you today.   Michael: Me, too. So let's just jump right into it and then we'll circle back to your background. Why should people be excited about the Jackson Mississippi market?   Monique: Well, it has historically been a really great market for rental properties. People tend to pay a pretty high price point for rentals, I don't really know why. But historically, that's been the way it is and so, you know, it's a great place to invest. You know, the property prices are not too high. But the rent values are pretty high. So you know, it's just a, it's a growing area as well, so just a good a good area to invest in.   Michael: Just love it and give us a little bit of background on who you are as an individual and where you come from and what is it that you're doing in real estate today?   Monique: Well, I grew up in here in Mississippi, my family has been in real estate. So I've been around real estate since I was in diapers. My dad started this company about 40 years ago and he started our company with my grandmother and my aunt and so I've just been around it my whole life. I started selling real estate right outside of college and worked with my mom for several years. We were kind of a team. She's since retired and you know, I do this full time I've been selling since 2007. So and then in the past, like, I'd say three or fou