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Updated almost 6 years ago on . Most recent reply

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Darshan Soni
  • Real Estate Investor and Broker
  • Indianapolis, IN
8
Votes |
2
Posts

Best places to invest around the country

Darshan Soni
  • Real Estate Investor and Broker
  • Indianapolis, IN
Posted

Best places to invest around the country

http://www.cnbc.com/2017/05/05/how-to-be-a-landlord-where-to-buy-homes-for-the-best-rental-returns.html

Most Popular Reply

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3,021
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1,262
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Shawn Ackerman
  • Real Estate Entrepreneur
  • Mid West, East Coast
1,262
Votes |
3,021
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Shawn Ackerman
  • Real Estate Entrepreneur
  • Mid West, East Coast
Replied

@Darshan Soni Thanks and I think it's spot on.  Low cost of entry with 2-4% rent ratios typically makes a market an investors paradise.  Say what you want about the Mid-West but that's a great place to start.  I'm from NY and my entire rental portfolio is in the Mid-West.  My properties will most likely never appreciate.  Ask me if I care LOL!!!  They are all leveraged and my mortgages on average are $90 - $120 per month.  I spend more on that in coffee.

Thanks for the article!!!

I bought this puppy for $17.5K from a wholesaler, appraised for $29K  I have a mortgage on it for 19K -$106 per month.  Rents total $1160 ($580 per unit)  - Cash flow $476 per month.  I have no money into the property.  Tell me where else can you find this??????

  • Shawn Ackerman
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