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Updated over 3 years ago on . Most recent reply

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12
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3
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Nikita Jain
3
Votes |
12
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Need inputs - best place to buy rental property ?

Nikita Jain
Posted

Hello everyone,

I am new to real estate and new to BiggerPockets!! I need advice on which is the best place to buy a rental property (preferably quadraplex or house flip)

My down payment is limited to 40k max. Also looking for realtor in the suggested area.

After reading multiple blogs I came across Florida , Texas, Georgia, Ohio as few good places to buy. But I am unable to narrow it down and have 0 contacts in these area. Also for the downpayment money I have , I don’t think i can get anything.

Please help!!

Most Popular Reply

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1,622
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Zeke Liston
  • Real Estate Agent
  • Columbus, OH
1,498
Votes |
1,622
Posts
Zeke Liston
  • Real Estate Agent
  • Columbus, OH
Replied
Originally posted by @Nikita Jain:

Hello everyone,

I am new to real estate and new to BiggerPockets!! I need advice on which is the best place to buy a rental property (preferably quadraplex or house flip)

My down payment is limited to 40k max. Also looking for realtor in the suggested area.

After reading multiple blogs I came across Florida , Texas, Georgia, Ohio as few good places to buy. But I am unable to narrow it down and have 0 contacts in these area. Also for the downpayment money I have , I don’t think i can get anything.

Please help!!

 Hi Nikita, that $40K should get you a property priced around $150K-$170K. I would suggest checking out Columbus, OH. 

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