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Updated 9 months ago on . Most recent reply

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Allen Parker
  • Santa Ana, CA
20
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13
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Too many eyes on one area

Allen Parker
  • Santa Ana, CA
Posted

Good Evening BP,

Been a member for a few years and have "gotten started" multiple times but always get distracted by the allure and easier money of stocks and crypto. Coming back with more money, a condo, and a wife i feel ive reached a time where my eyes wont wander again. My question to the masses is this: In the stock market GENERALLY speaking (not always) if too many eyes are on one ticker or it is constantly being talked about then its normally safe to say the big opportunity has passed. Having spent the last few days scrolling through the forums looking for areas that fit my price point. Ohio comes up all the time, its real estate agents are everywhere talking it up, a lot of people seem invested in it especially from CA like myself, and i guess my question is. Does anyone else err on the side of caution if an area seems to have all the eyes on it?

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Greg Scott
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • SE Michigan
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Greg Scott
#3 General Real Estate Investing Contributor
  • Rental Property Investor
  • SE Michigan
Replied

My experience does not agree with yours as I do not see Ohio everywhere online and I invest in the Midwest.  Ohio may be coming up more now than a decade ago because it is relatively inexpensive so you can still find cashflowing properties in decent areas.  If Ohio makes you nervous, go to Michigan, Indiana, Kentucky, Kansas, Oklahoma, or others.

  • Greg Scott
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