Out of state - Hawaii is too expensive!

[Kanoelehua Lee]

Aloha Everyone,

I'm located on the Island of O'ahu and my boyfriend and I are looking to start investing in the near future. We have found that we may need to look out of state to invest but we're very nervous about it. Looking on the MLS and found that OHIO may be the place for us to invest. Looking at small multi-family 2-4 unit fixer uppers. Does anyone have advice as to what we should do first? Looking for a realtor? Looking for local banks? Picking a property? What's the best homework to do first? And what has worked for you? Any insight would be appreciated!

Mahalo,

Kanoelehua Lee

[Lane Kawaoka]

You are right. Hawaii is not going to work for cashflow. Check out Birmingham, Atlanta, Indianapolis, Gary (IN), St Louis, Huntsville, Phoenix/Tempe/Mesa, Kansas City, Memphis, Little Rock, Indianapolis, Harrisburg (PA), Greenville, Jacksonville, Tampa, Houston, San Antonio, Little Rock, Milwaukee, Cincinnati, Dayton, Cleveland, Ohio, or other secondary or tertiary markets.