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Updated 4 months ago on . Most recent reply

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Renee Coss
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Real Estate Investing

Renee Coss
Posted

I am a new member of this platform and a student of investing in real estate investing.  The only property I own is my home, and would like to take the next step and look at investment properties.  I am 59 years old and i am getting close to retiring, so i need some other forms income.  I paid off all debts with the exception of my home; and now i feel i am ready to start in real estate. I live in California and in doing my research, investment property in California is looking pretty grim!!  So maybe other states?  Not sure where to start, but i hoping this platform can give me some answers. 

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Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
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Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

Have you looked into Ohio markets such as Columbus? A lot of investors based in markets like California and New York are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

Prices in Columbus are still low enough to find 1% rule deals and there's a ton of appreciation happening in this market as well. I actually moved from Florida to Columbus for the real estate. I saw how fast the city was growing and decided to make the jump.

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