Newbie From Seattle Looking For Out-of-State Markets

[Evan Liu]

Hey everyone!

I've been lurking here for a few years now, but I've finally resolved to buy my first property this year! I'm a buy-and-hold investor looking to invest in single & multifamily properties out of state. Ideally, I'd like to target A/B class properties with a minimum rent of $900/month and a levered cashflow of $200/unit while maximizing CoC returns. Does anyone have any recommendations for markets where these types of deals can be easily attainable?

I'm currently considering St. Louis, Indianapolis, and Cleveland and would appreciate any referrals for property managers or agents.

Thanks,

Evan

[Justin Polston]

@Evan Liu if you make it to Indy, definitely check out suburbs. Marion Co is getting pretty thick with competition. Almost every house we go after is going to highest and best. But in the suburbs, we're finding a lot of off market deals that our clients are benefiting from.