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All Forum Posts by: Alicia Williams

Alicia Williams has started 1 posts and replied 4 times.

Quote from @Nicholas L.:

@Alicia Williams

just curious why you want to go out of state if you've been successful investing locally.  OOS is tougher than advertised.

Insurance in FL has gotten ridiculous and prices are pretty high for single family homes. We've been looking for additional places locally in South Florida for a while but even if I find an apt at a reasonable price, the HOA doesn't make sense for investors (because of the high insurance). 
Quote from @Jimmy Lieu:
Quote from @Alicia Williams:

Hi everyone,

I'm in Florida, new to this platform, and want to start investing out of state and purchase property for long-term rental. I'm not new to real estate investing but have never used a property manager since my properties have always been driving distance away. Can anyone provide recommendations of cities/towns outside of Florida, in addition to any investor-friendly realtors and investor-friendly property managers? Eager to get started, also cautious of what impact a changing economic environment may have on certain areas (eg. areas impacted by large layoffs).

Thanks!

Hi Alicia! If you're looking for a new real estate market with cash flow and appreciation, I would definitely suggest Columbus Ohio! It's one of the hottest markets in the US right now with some of the fastest population and job growth and companies moving and developing here. I would recommend taking a look into 26B Intel headquarter development, Amazon, FB, LG, Google, Anduril, Nationwide, Ohio State University, and many other companies here! Additionally, you can still find properties for 120-180k that will positive cash flow and hit the 1% rule. Recently one of my clients purchased a $120k single family house and is currently renting it out for $1550/mo. Anything you buy in the Columbus Ohio market is currently blowing up in terms of appreciation growth. Happy to connect and answer any questions you have!




 Hi Jimmy, thanks! What's the 1% rule?

Quote from @Amy Kline-Alley:

Hi Alicia,

My name is Amy Kline-Alley and I'm a commercial and residential realtor in the Las Vegas valley. Nevada (like Florida) doesn't have state tax. This makes Nevada a good state to consider as an investor.
The Las Vegas valley is thriving. Let me know if you're interested in knowing more. My contact info is online. 
Best Wishes, Amy Kline-Alley, S.193947, Milestone Realty and Millennium Commercial Properties

Thanks Amy, I'll look into it!

Hi everyone,

I'm in Florida, new to this platform, and want to start investing out of state and purchase property for long-term rental. I'm not new to real estate investing but have never used a property manager since my properties have always been driving distance away. Can anyone provide recommendations of cities/towns outside of Florida, in addition to any investor-friendly realtors and investor-friendly property managers? Eager to get started, also cautious of what impact a changing economic environment may have on certain areas (eg. areas impacted by large layoffs).

Thanks!