I am a junior undergrad looking for the best strategy and location in midwest
Hi there,
I am currently a third year student in my undergrad at a university in Toronto, Canada. I am originally from the midwest and I plan to go back (I don't know exactly where yet and am flexible) I wanted to get advice on a couple of things
1. What are the best places to own a rental property in midwest. ( I was thinking Cincinnati)
2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)
3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?
4. How can I find a good property management company that is trustworthy and will give me maximum income?
5. Looking to talk to a pro midwest investor with experience.
Most Popular Reply
1. What are the best places to own a rental property in midwest. ( I was thinking Cincinnati)
It will depend on your budget, risk tolerance, and timeline but Toledo is one of the better markets due to affordability and housing demand.
2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)
Save, Save, Save, find money partners, save, make sure your credit is good, save, and take advantage of seller finance opportunities when available.
3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?
The 1% rule is pretty popular among investors. Toledo properties hit this rule quite consistently despite high interest rates.
4. How can I find a good property management company that is trustworthy and will give me maximum income?
Referrals. I can send you some
5. Looking to talk to a pro midwest investor with experience.
Present!
It will depend on your budget, risk tolerance, and timeline but Toledo is one of the better markets due to affordability and housing demand.
2. How should I approach saving for and investing in a rental property, (is seller financed a smart option)
Save, Save, Save, find money partners, save, make sure your credit is good, save, and take advantage of seller finance opportunities when available.
3. How can I measure the ROI and other factors of a property to manage my risk the best and invest smartly?
The 1% rule is pretty popular among investors. Toledo properties hit this rule quite consistently despite high interest rates.
4. How can I find a good property management company that is trustworthy and will give me maximum income?
Referrals. I can send you some
5. Looking to talk to a pro midwest investor with experience.
Present!