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Updated over 6 years ago on . Most recent reply

User Stats

4
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1
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Ron Das
  • Fremont, CA
1
Votes |
4
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Help in identifying a buy and hold market for investment property

Ron Das
  • Fremont, CA
Posted

Hello All, 

Newbie here. Trying to buy a investment property for the first time. I can make a down-payment of around 25K-30K. I am looking for a property which will cost no more than 120K, so that I can keep my mortgage lower. 

For short-term, I am looking for a property which I can rent out with some positive cash-flow. If the property appreciates in the long-run that will be even better. 

After, reading a few blogs in biggerpockets, I am kind of leaning towards the turnkey properties. I think they are relatively hassle-free. Please correct me if that is not the case. 

Any suggestion on what all markets to look at? Any reputed companies that deal with turnkey properties? 

Ron

Most Popular Reply

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2,285
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1,995
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Anthony Dooley
  • Investor
  • Columbus, GA
1,995
Votes |
2,285
Posts
Anthony Dooley
  • Investor
  • Columbus, GA
Replied

@Ron Das the best market to invest in, is one that you know very well. Buying out of state in a city that you have never been is folly in my opinion. Buy what you know, which is why I don't invest in rare coins.

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