Uploaded August 2025 | Updated September 2026, 1 week ago
I Bought a $60,000 Rental in Gary… Here’s What Happened 5 Years Later
5 years ago I bought my very first Gary, Indiana rental property for just $60,000. At the time, I ran the numbers, made the projections, and shared everything right here on YouTube. Now I’m back with the full update: did my Gary rental actually pay off, or did I make the biggest mistake of my investing career?
In this video, I break down:
What I originally paid vs. what it’s worth today 📈
How rents went from $875 to $1,300 (with Section 8 in place)
The ugly side: tenant turnover, $11,000 in foundation repairs, and a $4,000 turnover
The real cash-on-cash return after 5 years of ownership
Whether cheap Midwest rentals are worth the hype… or just a trap
If you’ve ever wondered whether buying in Gary, Indiana is a smart move or just a real estate horror story waiting to happen, this video gives you the raw truth from someone who’s been through it.
👉 Watch until the end to see if I’d do it all over again, and let me know in the comments if you think I made the right choice.
#RealEstateInvesting #GaryIndiana #RentalProperty
I Bought a $60,000 Rental in Gary… Here’s What Happened 5 Years Later
5 years ago I bought my very first Gary, Indiana rental property for just $60,000. At the time, I ran the numbers, made the projections, and shared everything right here on YouTube. Now I’m back with the full update: did my Gary rental actually pay off, or did I make the biggest mistake of my investing career?
In this video, I break down:
What I originally paid vs. what it’s worth today 📈
How rents went from $875 to $1,300 (with Section 8 in place)
The ugly side: tenant turnover, $11,000 in foundation repairs, and a $4,000 turnover
The real cash-on-cash return after 5 years of ownership
Whether cheap Midwest rentals are worth the hype… or just a trap
If you’ve ever wondered whether buying in Gary, Indiana is a smart move or just a real estate horror story waiting to happen, this video gives you the raw truth from someone who’s been through it.
👉 Watch until the end to see if I’d do it all over again, and let me know in the comments if you think I made the right choice.
#RealEstateInvesting #GaryIndiana #RentalProperty
