Oops I did it again...

[Reaz Ahmed]

I purchased 3 properties in MO this year, having a combined total of 4 properties or 10 units there. I had decided that it was time for me to diversify and find properties in other states. 

I've been researching to find my next spot for the last 2 weeks; however, have been struggling to make a decision on where. 

Long story short, I'm under contract for my 5th property in MO :(

It's in a small town, but everything just seems easier:

-I have a good property manager/realtor, who charges me 10% of rents and no BS fees to find tenants or renew lease.

-I have a network of workers to handle repairs/renovations.

-I have their local bank practically throwing money at me, which makes closing easy. I'm not sure yet if this is a good thing, but they don't even report my loan debt to the credit bureaus, which helps my credit history look very clean.

I went through a lot of headache to make these connections in this town and finding it difficult to start over elsewhere. It's just easier to make deals here, but I fear putting all my eggs in the same basket. 

Anyone have similar experiences?