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Updated over 6 years ago,

User Stats

124
Posts
33
Votes
Matthew Swearingen
  • CA
33
Votes |
124
Posts

Income properties in Midwest or SouthEast

Matthew Swearingen
  • CA
Posted

I'm a first time investor living in CA. My research shows me that the MidWest is the invest at this moment. I am looking for homes with a price range of $50k to $100K in Trenton, Columbus,  (West Price Hill, Westwood and Delhi), Cleveland and Cincinnati , Atlanta GA, Kansas City Missouri, Wisconsin and Indiana. I have contacted a few agents and I tell them what I'm looking for and if they can locate C= and B properties in these areas with all the pertinent info such as occupancy rate, rents, property management company, etc. I have had a couple agents call back and give me a few listings but other than that not a whole lot of info. I explained to them I have never been outside Ca and I'm looking to buy 4 rentals to start with. They don't seem to motivated to make money. Why?

Also, can anyone give me insight as to the places to buy I mentioned above? Basically I go on Zillow and find homes in the price range (50-100k) and then find rentals in the same zip code and then decide if I can get at lease a $300 positive cash flow?

Is there software such as core logic that can give me data as far as home price and area growth, employment and home prices, rental prices so I dont have to rely on lazy agents who are not motivated. I'm not exactly if Corelogic offers what I need anyway.

Thanks

Matthew

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