Newbie from Massachusetts!

[Gina Wilson]

Hello, 

I am from Massachusetts and don't think it is wise to invest locally for the first investment property.  We own the house we live in and it is worth more than 1M. We do not wish to move anytime soon (at least for the next 5+ years). I am looking for long-term investment property with the potential for appreciation over the next 5+ to 10+ years and not necessarily focused on cash flow and retirement. We are typical W2 workers in corporate America (at least for now). Although cash flow is not the primary concern, I do not want to own a vacant house. How can one balance the two? Are there markets where I can have the assurance of rental demand and possible appreciation over a long period? I was looking at duplex/single-family options in San Antonio and Houston. I also considered North Carolina but there is an abundance of new development there making it too competitive. I am new to Real Estate investing. Any pointers on the best places to consider (outside of the northeast)?  

Thank you!!! 

Gina - From Taxachusetts! 

[Nadeem Alamgir]

Hey Gina, if you are looking for appreciation, I would take a look at the Columbus, Ohio. The city is home to many Fortune 500 companie, growing population, and it still remains an affordable housing market, especially compared to Massachusetts. Some pockets still cash flow where I think you can find that balance between the two. 

Let me know if you have any questions regarding the columbus market, happy to help!