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Updated over 3 years ago on . Most recent reply

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Yvonne Lim yi wen
5
Votes |
1
Posts

New investor from Asia

Posted

Hi all!

Im new to BP and gosh i didnt know such an amazing forum existed in the world! I must have lived under the rock. Anyway, i am from ASIA and looking to invest in properties for cashflow in US.

Currently looking at cleveland ohio B class properties as the entry barrier is easier for me. Im trying to hunt for other good locations with a booming population, and with an improving economy. However i am not from the US and the area is huge for me to explore so im currently narrowing it down to midwest.

I have currently about 250k cash on hand looking to invest and my question is : Many areas have already soared and prices have went up expotentially. Are there any nice untapped markets which has potential and i can take a look at? And an area which will provide a nice cashflow with my budget.

I have done abit of research on my end but i keep skipping from cities to cities not knowing where i should concentrate on.

For cleveland i will be hiring holton wise to manage my property and also to introduce me potentially nice/safer deals. Looking for another property elsewhere for me to venture into. I do not want all properties to be under the same city because this is my first time and i am hoping i can spread risk and at the same time learn more about different markets.

Most Popular Reply

User Stats

345
Posts
601
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Austin McClain
  • Real Estate Agent
  • Ohio
601
Votes |
345
Posts
Austin McClain
  • Real Estate Agent
  • Ohio
Replied

Cleveland has been great for cash flow in Ohio. Columbus Ohio has less upfront cash flow but is predicted to have more appreciation in the long term than other cities. 

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