General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
SF Investor Looking to Network
Hey everyone,
I have a demanding schedule/lifestyle living in SF and am looking to buy my 1st buy and hold investment property in the next 90days. I have read quite a bit about REI and now its time to make a move. My buying criteria is: 15%+ CoC return while using a property manager to manage my properties so I can focus on my business while my RE portfolio grows with little time investment on my part after the purchase. Looking for a purchase price around $400k with 20% down.
That said, I'm looking to find an area with high enough CoC returns that I could fit a property manager into the equation while still profiting from my investment. I'm currently talking a RE agent in Tampa, FL and am researching Orlando, and Atlanta. For those living in expensive areas, how and where have you found success investing in buy and hold away from home? Are there areas in CA that could yield these returns? Would love to share ideas and connect if you have experience in this arena.
Thanks guys!