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Updated about 1 year ago on . Most recent reply

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Angel Lomeli
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Selecting out of state market

Angel Lomeli
Posted

Hi Everyone, 

I have been following BP for a few years now. I've read several books, listened to hundreds of podcast's and watched dozens of webinar and BP YouTube videos in preparation for my first investment. With that said I am financially prepared to start actively investing and wish to avoid further analysis paralysis. I've noticed the forums provide a wealth of knowledge from individuals investing in a wide variety of strategies and feel this is the best place to start. I recently have been struggling with narrowing down a market that works for my strategy and wanted to get some insight from experienced investors. 

I would like to focus on SFR/MFR in markets with appreciation potential. I am okay playing the long game and waiting for the benefits of market appreciation but in the time being would like an average CF return (not prioritizing CF). I would also like to take advantage of forced appreciation through rehabs to create equity with each purchase. Any suggestions on markets that fit this criteria?

THANKS AGAIN!

  • Angel Lomeli
  • Most Popular Reply

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    Samuel Diouf
    #4 Out of State Investing Contributor
    • Real Estate Agent
    • Columbus & Cleveland, OH
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    Samuel Diouf
    #4 Out of State Investing Contributor
    • Real Estate Agent
    • Columbus & Cleveland, OH
    Replied

    Columbus, Ohio is a great market to consider if you're leaning towards appreciation. Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon. Which will bring plenty of other investors and general business to the area. I moved here from Florida after seeing the projected growth.

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    Reafco - Samuel Diouf
    5.0 stars
    3 Reviews

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