Looking for my first investment property and need some help

[Ehud Hochman]

Hi everyone,

I am looking to purchase something fairly soon.  I have a down payment of approximately $100k.  I am looking for a very good deal in a good location.  I prefer not to deal with areas that have harsh winters.  Can someone please recommend some good markets to look in where I can get the most for money and where the investment would be relatively safe?  I want a property that is in somewhat good repair that only needs a bit of a face lift (on a scale of 1-100, I want a property that is above 75).  I am located in California and definitely do not want to invest here due to the overly tenant friendly laws.  Would prefer somewhere with landlord friendly laws.

Thank you in advance!

Ed 

[Jonathan Greene]

You aren't ready to invest if you say, "I am looking for a very good deal in a good location." Who doesn't want that? You are opening yourself up to every scam artist and area hound out there to sell you on their market and take your 100k. You aren't invested enough in your own journey when say you will invest anywhere. How would you have a competitive advantage anywhere, asking people you don't know?

Don't invest unless you are willing to first invest the time in market research and going over where you might like to own something that works within your budget.