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Updated over 1 year ago on . Most recent reply
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Ready To Roll
Hey everyone,
My first post on BP, I have been looking at dozens of neighborhoods in so many states to try and find a rental property. I feel like all I am doing is dragging the map on Zillow all over the place. I am new and ready to jump in to any opportunity, which is big because a lot of my other friends are very hesitant. Does anyone have any recommendations on areas to look for. I've been doing hours of research in to Florida, and now that insurance costs may multiply there aren't any deals I am finding. I am ready to dive in the deep end, just looking for a bit of guidance.
Thanks
Most Popular Reply
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@Kenny Augenstein you need to dig in deep on a market and not bounce around. It's the only way you can analyze and hammer down your numbers. The deals don't pop up every day, but when they do, if you know the numbers for that particular market and have your team ready, you can get it done. If it's not working down in Florida, consider picking one of the major cash flow markets and doing out of state investing. Cleveland, Detroit, Kansas City, most of those are consistently in the top ten.