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Updated almost 4 years ago on . Most recent reply

User Stats

58
Posts
23
Votes
Kenneth Burdick
  • New to Real Estate
  • Rancho Cucamonga, CA
23
Votes |
58
Posts

Choosing an Out-of-state market for BRRRR investing

Kenneth Burdick
  • New to Real Estate
  • Rancho Cucamonga, CA
Posted

Hello BP community,

Aspiring real estate investor here from California with the goal to make my first rental property purchase in the next few months. Right now I'm at the point where I'm trying to home in on a good out-of-state market. Some of the areas I've been taking a look at include Charlotte, Orlando and Memphis. I'm hoping to find places that still have positive cash flow potential, long-term appreciation but also somewhere the BRRRR strategy works well. Any other areas that you all have found success that I should be taking a look at? Doing my own research but I want to build my network as well. Thanks in advance guys!

Ken

Most Popular Reply

User Stats

3,042
Posts
1,770
Votes
Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
1,770
Votes |
3,042
Posts
Brandon Sturgill
  • Real Estate Broker
  • Columbus, OH
Replied

Hey @Kenneth Burdick congrats on getting going...I'm sure you are swimming in data, lol. It's a tough decision. If you add Ohio to the pool we have a very solid investor agent-base in Cincinnati, Cleveland, Columbus...I'd be glad to chat more about why Columbus, Oh is a stronger market than any of the ones you've looked at so far ;)

Best of luck!

  • Brandon Sturgill
  • 614-379-2017
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Realize Property Management Group
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