Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

35
Posts
22
Votes
Justin Carter
  • Rental Property Investor
  • Chicago, IL
22
Votes |
35
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

140
Posts
179
Votes
Peter Dorinsky
  • Real Estate Agent
  • Columbus, OH
179
Votes |
140
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. 

Loading replies...