Looking for new areas to explore

[Brian Tripp]

Hello, I'm new to BP and excited to be here.  What a wonderful source of information, so looking to tap into all this knowledge.  

Currently looking at exploring the Midwest, Southern, and Western states for multi-family, new construction, and foreclosures.  Have owned investment properties in the past in Florida, but looking elsewhere. 

Any thoughts as so many people are moving out of California, but looking for areas to explore.  

[Min Zhang]

Hey Brian! Welcome to BiggerPockets! You’re in the right place to learn about remote investing.

I like starting in the Midwest because it's affordable and offers good cash flow. Following David Green's Core 4 strategy (realtor, contractor, property manager, and lender) gives confidence to invest anywhere. I would say, the Ohio market in general is a very beginner friendly state to get started with your real estate journey. I have seen so much growth in Columbus when it comes to appreciation and job opportunities which I have experienced. On average, 80 people move into Columbus weekly. It has seen significant growth, especially with tech giants like Intel, Meta, Amazon, and Google setting up operations, driving up property prices and job opportunities. On the other hand, if you have a lower budget, let’s say $100-$150k. Cleveland would be a great market for you. I have experienced cash flow anywhere from 10-18% with so much more to offer. As a real estate agent and an investor, I am on the market daily and explore opportunities for myself and my clients. Let me know if you need assistance!