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Updated over 2 years ago on . Most recent reply

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Tiffany Chin
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New to Investing and the BP Fam

Tiffany Chin
Posted

Hello!

My name is Tiff and I am new to the BiggerPockets family. I am a new REI looking to purchase my first property within the next 3-6 months. I currently reside in California and am looking OOS. I'm considering either Memphis, TN or Indianapolis, IN though I'm open to all suggestions. I would love to connect with anyone and everyone (especially anyone in those markets) to pick your brain and bounce ideas around. Thanks!

Most Popular Reply

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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,452
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied
Quote from @Tiffany Chin:

Hello!

My name is Tiff and I am new to the BiggerPockets family. I am a new REI looking to purchase my first property within the next 3-6 months. I currently reside in California and am looking OOS. I'm considering either Memphis, TN or Indianapolis, IN though I'm open to all suggestions. I would love to connect with anyone and everyone (especially anyone in those markets) to pick your brain and bounce ideas around. Thanks!


I recommend the major cities in Ohio:



-Columbus, great for appreciation, pp is a bit higher around $220k for multifamily https://learn.roofstock.com/bl...


-Cincinnati, has a mix of cash flow and appreciation, with average multifamily around $180k. https://www.noradarealestate.c...

-Cleveland, has a lot of cash flow potential, average multiform around $140k.https://learn.roofstock.com/bl...


There are other smaller markets like Dayton, Akron, and Newark, which we are starting to see these areas boom due to huge investors and corporations like Intel choosing to set up shop in these kinds of areas.



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