Newbie from Brooklyn, NY

[Paolo Garcia]

I'm a Graphic Designer from Sydney, Australia living in Brooklyn, NY. My wife and I have a place in the city and are starting to look at investing in single or multi-family homes in other states/cities around the U.S. (potentially Orlando, Dallas, Seattle) where it is more affordable and makes the most sense for investing. 

Our main goal is to build a portfolio of properties and create passive income for the future.

[Tyler Gibson]

@Paolo Garcia Welcome! I am originally from Seattle and still have family there. The houseing market out ther is crazy expensive from what they tell me. You may be thinking more of Tacoma or something north of Seattle where it is a bit more economical but even still the property taxes out there are killer and with state income tax I would suggest the Orlando market. Of course since I live here now I am a bit biased. I love the Orlando market for long term single family and small multi-family rentals. The economics of the area are just very sound. There is a huge demand for housing with nearly 1100 people a week moving to the area. There are huge employers like Disney, Universal, Lockheed. There is a budding tech industry here now and we have the largest public university in the country (based on enrollment). With all of these factors Orlando is a very sound location to be investing for long term rentals. I know very little about the Dallas market so I have nothing to offer there. If you ever have any questions about Orlando feel free to reach out.