Where to purchase my first investment property?

[Anthony Luevanos]

Hi Bigger Pockets Fam! I just joined the community today and had a few questions. I'm a realtor in Los Angeles but I am looking to purchase out of state where I can earn much better cash flow.

I have about $50,000 for a downpayment. Another $50,000 in case I need to rehab.

What is a good market to explore? I would prefer to use the BRRRR method but I'm open to turnkey properties.

[Aj Parikh]

You already have half the battle won with the downpayment amount and rehab money ready. If you are trying to explore turnkeys, I recently purchased a Single Family Home for $90,000 in Cleveland, OH with Martel Turnkey and its cash flowing close to $300/month. I have a 9-5 pm job and I wanted to remain passive in my investing journey so turnkey looked like a good option to start and this was my 1st out of state investment so I wanted to be cautious. Let me know if you want to connect and talk about this purchase process. 

Full Disclosure - I don't get paid to promote the turnkey company. I am just sharing my experience because I was able to get a cash flowing rental property and I genuinely like to help new investors.