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Updated over 4 years ago on . Most recent reply

User Stats

42
Posts
12
Votes
Bryan La
  • Investor
  • Dallas TX
12
Votes |
42
Posts

Finding the right market

Bryan La
  • Investor
  • Dallas TX
Posted

Hi Bigger Pockets community! I'm looking to buy my first distressed property and rehab. How do I determine which market is best for my budget ? I'm looking to spend about 40-50k cash offer plus rehab cost 

Thank you 

Most Popular Reply

User Stats

196
Posts
190
Votes
Andrew Rosenberg
  • Honolulu, HI
190
Votes |
196
Posts
Andrew Rosenberg
  • Honolulu, HI
Replied

@Bryan La

Are there other cities that you have an "unfair advantage" in such as a relative that's a contractor, a college classmate now employed as a lending officer, a close friend that can be your boots on the ground, etc. Having an advantage in a market imo is more important than picking the perfect market on paper.

Remington Lyman, an investor-friendly realtor, is outstanding in Columbus, OH - would suggest you read posts in which he replies.

Good luck!

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