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Updated about 4 years ago on . Most recent reply

Ryan Ricciardelli's profile image
Ryan Ricciardelli's profile image
Ryan Ricciardelli
  • Investor
  • from Boston, MA
  • Member since Dec 20, 2019
  • Posts 9
  • Votes 9
  • Experience 5 Yrs
  • Investments 3
Connect

User Stats

9
Posts
9
Votes
Ryan Ricciardelli's profile image
Ryan Ricciardelli's profile image
Ryan Ricciardelli
  • Investor
  • from Boston, MA
  • Member since Dec 20, 2019
  • Posts 9
  • Votes 9
  • Experience 5 Yrs
  • Investments 3
Connect
Ryan Ricciardelli
  • Investor
  • Boston, MA
9
Votes |
9
Posts
Real Estate Deal Analysis & Advice

First Out of State Investment

Ryan Ricciardelli
  • Investor
  • Boston, MA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $113,350
Cash invested: $29,700

This was my first out of state investment! I learned a lot from this deal and definitely got a few "bruises" in the experience. I bought the property from a flipper, something I will probably lean away from doing in the future. My plan is to hold it as a long term hold.

  • Ryan Ricciardelli
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    Ryan Ricciardelli's profile image
    Ryan Ricciardelli's profile image
    Ryan Ricciardelli
    • Investor
    • from Boston, MA
    • Member since Dec 20, 2019
    • Posts 9
    • Votes 9
    • Experience 5 Yrs
    • Investments 3
    Connect

    User Stats

    9
    Posts
    9
    Votes
    Ryan Ricciardelli's profile image
    Ryan Ricciardelli's profile image
    Ryan Ricciardelli
    • Investor
    • from Boston, MA
    • Member since Dec 20, 2019
    • Posts 9
    • Votes 9
    • Experience 5 Yrs
    • Investments 3
    Connect
    Ryan Ricciardelli
    • Investor
    • Boston, MA
    9
    Votes |
    9
    Posts
    Ryan Ricciardelli
    • Investor
    • Boston, MA
    Replied

    @Brandon Goldsmith  Thank you sir!  I can definitely relate to analysis paralysis... It took me a few years, books, podcasts, and a pandemic to finally get the momentum going.  I have purchased my first few out of state properties in Oklahoma!  I have heard great things about Ohio as well!

  • Ryan Ricciardelli
    • 2 Votes
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