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Updated about 9 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Wesley Meilandt
  • Investor
  • Seattle, WA
3
Votes |
8
Posts

California Investor - Memphis Dreaming (or KC, or Orlando)

Wesley Meilandt
  • Investor
  • Seattle, WA
Posted

Hello BP Community.  My wife and I have a few rentals in Northern California that we have done well on, but things are just too hot out here now.  I can't find anything apart from a few auctions that might pan out, but still hard to pencil out as a rental.

So I'm looking out of state for buy and holds, like a lot of other REI folks from Cali.

My wife and I have zeroed in on Kansas City, Memphis, and possibly Orlando as cities to invest in.  In all three we have friends and/or family that live there, and we would be more than happy to spend time in these cities either rehabbing properties, checking in on our investments, or just spending the weekend there having fun checking out real estate.

Since we haven't decided on which city yet, I thought I would throw it out there to the community and try and network as much as possible in each one.  

Anybody from these cities that are investors, we would love to meet you next time we are out for a visit.  

Anybody doing out of state investing in the cities, we would love to hear about your experiences.

Thanks very much for your insights!  

Most Popular Reply

User Stats

4,856
Posts
3,022
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Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
3,022
Votes |
4,856
Posts
Mike D'Arrigo
  • Turn key provider
  • San Jose, CA
Replied

@Wesley MeilandtWelcome to BP. I'm from CA also but it's pretty much impossible to cash flow here. I know the Kansas City market well. We sell turn key's there. Feel free to contact me if you'd like some insight on KC.

  • Mike D'Arrigo
  • Loading replies...