BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply
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Cash Flow Markets - Beginner Investor
Hi all, I am planning on acquiring my first investment property (non-primary residance). I read the beginner’s guide on the site and planning on a simpler strategy for my first property:
-Goal: Cash flow
-Type: Single family rental
-Strategy: buy and hold
-Landlord friendly city/state
I am located in San Jose, CA and looking for markets with this strategy. Any recommended markets locally w/in the state or neighboring (Nevada, Oregon, etc) with this strategy? I can start looking at the ROI in local areas in the state before looking far out of state
Looking forward to learning more
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- Flipper/Rehabber
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@Scott Davis find a market you can drive to. Even if it's 2, 3, 4 hours away. Go to REIAs in person. Network in person. Meet agents in person. Visit properties on the weekend in person. Etc.