Choosing cities to start investing
Hi guys
I am a foreigner, with cash, looking to invest in single-family buy-to-hold properties.
Big question is: WHERE?
After spending a while on research (forums and podcasts!) I am considering diversifying into 3 large cities (to reduce risk) and acquire 3-4 properties in each, using a reputable provider in each city, with a view to expanding the number of properties in each city later.
My list is currently as follows:
1. Houston TX
2. Atlanta GA
3. Birmingham AL
There is sufficient cash to be able to put down the deposits, and financing the balance doesn't seem to be an issue.
Income is really important. Capital growth would be nice.
What does the BP community think?
John
Most Popular Reply
Hello, I've got four town homes that will be for sale in Atlanta, GA. They are located in Edgewood which is a very hot market! We are doing presales and open to foreign investors. My email just got blocked so contact me on BP.