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Updated over 7 years ago on . Most recent reply
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Newbie Analysis Paralysis
Hi all.. I have been trolling these forums for sometime now and have spoken to a couple of professionals which I have made contact with through bigger pockets. I am extremely grateful for those I have spoken with taking their time to talk to me and in general, what I have gathered here so far. It has helped me narrow down my 'places of interest' list. So here goes.. Given I'm a small fish just getting my feet wet, I have eliminated a few areas which I like personally due to the housing demands and costs in those areas.. one of those areas being Nashville. Here are the other ones I am interested in:
1) Cleveland or Columbus
3) Memphis or other parts of Tennessee like possibly Chattanooga
4) Pittsburgh
5) I also heard a little about Huntsville and would be interested in learning more
I have also heard that Indy and Kansas City are also areas to consider but I'm wondering whether they are getting too much attention now and I may have missed the boat. I am looking for Cashflow first and appreciation will be definitely welcome. I'm sure I'm no different than anyone else in this regard.
This being said, I'd like to hear from investors and/or agents that can provide me with any insight on not only the areas I mentioned above but any I have missed that I should consider.
I also am looking to travel to one of these areas on November 9th - 12th to familiarize myself better before making a purchase so I need to start booking!
Any advice, constructive feedback and information is much appreciated.
Thanks in advance...Ben
Most Popular Reply
@Ben Goodall, I am here local in KCMO. I can honestly tell you there are more deals then I can handle. You have no missed the boat. This is an amazing market. I love it for a lot of reason. Low cost of housing. High rent prices. Good people. Growing city. Smart local govt, etc...
Anyways, best of luck to you. I definitely would not delete KCMO from your list of potential markets. That said - pick one and laser focus on it. Learn everything you can about it.