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Robert Pritchett
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Best states for multi family investing?

Robert Pritchett
Posted

I’m looking to invest outside of my home state, what states are best for properties in the 100k-300k range? I am looking for reasonable cash flow and appreciation.   Thanks again for any info provided.

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Remington Lyman
#5 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
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Remington Lyman
#5 Classifieds Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Robert Pritchett:

I’m looking to invest outside of my home state, what states are best for properties in the 100k-300k range? I am looking for reasonable cash flow and appreciation.   Thanks again for any info provided.


It does not matter where you start as long as you develop your Core 4. The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender. Once you have this team in place, you should be able to invest in any market confidently.

As for picking a specific market - I would go after one with an increasing job and population growth. I invest and work in Columbus, Ohio. I am also looking to invest in Cincinnati and Cleveland.
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Reafco
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