Beginning the Journey

[Damien Pulvino]

Hello to everyone on Bigger Pockets! Looking for advice on how to find the right market to start the real estate investment adventure. A couple points:

- I'm overseas, so the market in which I choose to enter will be remote from where I live

- Looking into the buy and hold, long term investment vice flipping

- Interested in cash flow and generating long-term equity, with goal horizon 10-15 years out

- Single family and small multi-family homes is my interest

With the above stated, what is the best way to look for all the metrics that make a certain location a "good" market to enter. How do you research a market? I'm interested in upstate New York because I've seen it pop up and mentioned on various BP products, but census data shows migration moving away instead of to that area.

Anyway, any tips, tricks, advice, and recommendations would be much appreciated!

[Zach Lemaster]

@Joseph Schweizer Thank you for the mention!

@Damien Pulvino

There are a lot of detailed responses to your questions here.  It would probably take a small book to answer all these in great detail so I'm going to direct you to some resources to read.  Also, I'm more than happy to schedule a zoom meeting with you at some point to review your questions in detail.  We've been very successful investors purchasing cash flowing properties in over 15 of the best markets in the US, and have been able to retire from our professional careers in healthcare because of that strategy.  Make sure to read the long distance RE investing book provided by BP/David Green, and read some of the threads below with investors we've worked with.  I'm happy to answer any other questions you have.

https://www.biggerpockets.com/users/ZacharyCole/references

https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemaster

https://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-review

https://www.biggerpockets.com/forums/850/topics/895660-my-first-investment-property-an-out-of-state-deal

https://www.biggerpockets.com/forums/92/topics/893621-rent-to-retirement-review?highlight_post=5222888&page=1#p5222888

https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experiences

https://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkey

https://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zach

https://www.biggerpockets.com/forums/48/topics/874096-reviews-on-r2r-and-nch?page=1&utm_source=Iterable&utm_medium=email&utm_campaign=Transactional:%20topic_notification&utm_content=Transactional#p5123754

https://www.biggerpockets.com/forums/311/topics/883772-turnkey-investing-renttoretirement-feedback-reviews?highlight_post=5171720&page=1#p5171720

https://www.biggerpockets.com/users/ZacharyCole/references