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Updated about 1 year ago on . Most recent reply

User Stats

31
Posts
22
Votes
Justin Carter
  • Rental Property Investor
  • Chicago, IL
22
Votes |
31
Posts

Out of State Investing

Justin Carter
  • Rental Property Investor
  • Chicago, IL
Posted

Hello, I am based in the metropolitan DC area and looking to invest out of state as this market is very expensive and it's hard to find a good deal. Does anyone have any experience investing in the Midwestern states? Was considering looking into markets such as Detroit, MI, Cleveland, Oh, St. Louis, MO, etc as from my understanding cash flow tends to be higher in those markets. I am primarily focused on cash flow vs appreciation at this point in time. Any thoughts on investing in those markets would be greatly appreciated.


Also, by chance does any have any contacts of real estate agents they can share in any of those markets?

Most Popular Reply

User Stats

139
Posts
178
Votes
Peter Dorinsky
  • Real Estate Agent
  • Columbus, OH
178
Votes |
139
Posts
Peter Dorinsky
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Justin Carter:

Hello, I am based in the metropolitan DC area and looking to invest out of state as this market is very expensive and it's hard to find a good deal. Does anyone have any experience investing in the Midwestern states? Was considering looking into markets such as Detroit, MI, Cleveland, Oh, St. Louis, MO, etc as from my understanding cash flow tends to be higher in those markets. I am primarily focused on cash flow vs appreciation at this point in time. Any thoughts on investing in those markets would be greatly appreciated.


Also, by chance does any have any contacts of real estate agents they can share in any of those markets?

Hey Justin, if you're interested in the Cleveland market I'd be happy to connect and talk more. There are some other tertiary markets in Ohio that you might be interested as well if you're looking to maximize cash-flow. 

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