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Updated almost 5 years ago on . Most recent reply

User Stats

5
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6
Votes
Sabra Kay
6
Votes |
5
Posts

Where to buy primary residence...

Sabra Kay
Posted

Hi Everyone,

So I was planning to get into SFH and Multi-family investing in the next several months. I currently rent and was planning to continue because it works better for me. In light of what's going on in the world though I am considering purchasing a home to live in. I'm in California now but will be moving out of state.

I want to pay cash for a home and I don't have a ton of money to do it. I'm looking at maybe Ohio or Indiana, possibly Kentucky. I would love something simple and prefer a semi-rural area with at least a quarter acre, no more than an hour drive from a good-size city. I work remotely so aside from good internet I don't have to worry about a commute. 

Anyone have a favorite location? Cheap, rural and pretty, with a mid to large size city an hour or so away? I just want to own a home free and clear where I can garden, adopt probably too many animals and write books. Thank you.

Most Popular Reply

User Stats

20
Posts
9
Votes
Larry Ott
  • Investor
  • New Albany, IN
9
Votes |
20
Posts
Larry Ott
  • Investor
  • New Albany, IN
Replied

Take a look at southern Indiana, Indiana is a well managed state with relatively low taxation and landlord friendly. Louisville, KY, home of the Kentucky Derby, is just across the river, a medium sized city, lots of sports, lots of theater, lots of things to do! You can live in some rural areas of Sou Indiana and still be less than a 30 min drive to downtown Louisville.

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