Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Location, Location, Location.
Hello Everyone, I'm currently an investor in Ireland and I have two longterm rentals rentals here. I'm planning to move back to the states in April 2024. I Want to start investing in the US and I want to live in the market I invest in, I've considered multiple markets but I've narrowed it down to Tampa and Columbus, OH. I've jobs lined up in both that will pay 75k-95k per year. I'm not looking to get 1,000's of units, my plan is to purchase one or two properties per year using conventional financing (planning on putting 10% - 20% down). The long term growth potential in Tampa is very attractive which leads me to my questions "is positive cashflow on a long term rental still realistic in Tampa or even in the Tampa suburbs, as I have heard that insurance premiums have sky rocketed lately" and "Am I already priced out of the Tampa market on a salary of 85k if I were to get conventional financing and would the properties that I can afford all be D class property / property in flood zones etc" I like the idea, of Columbus also, due to cashflow potential, I've always only invested for cashflow so it's what I'm used to. I dont know anybody in these city's or even these states, the biggerpockets community has made a massive impact on my success so far even though the community is based in the states the principles still apply in Ireland. If anybody could point in the direction of a good agent, provide me with any information on these markets or even suggest new markets that I may not have thought of I'd really really appreciate it. Also, if anybody has any questions about the Irish market or is interested in investing overseas in Ireland I'd be happy to help. Thanks in advance BP.