All Forum Posts by: Account Closed

@Taylor Chiu 

What's the mortgage payment, insurance and taxes roughly?

@Nicolas Vautier 

I live in Los Angeles, and have been investing in Dallas, Memphis and Atlanta. I don't see myself moving out of CA too soon -- but Dallas is a great area to live in, very family friendly, and relatively low cost of living. Property taxes are expensive, but there's no state income tax. I've also been investing in Atlanta, which is another great market. Everyone I know who lives there absolutely loves it.

Good lick!

@Kayla Davis 

Hi Kayla -- I would not. I don't like to speculate, it's just too risky for me, and have seen too many folks get into bad deals doing this. Maybe you should start looking at markets outside of CO. 

Andrew

Hi @Account Closed 

That's great! I grew up in NH, and have lived in Los Angeles for about 20 years. I didn't realize there was much cash flow in the Boston area? Congrats!

Andrew

Hi @Vala Shahabi 

Welcome to BP! I'm here on the west side as well. If you search for specific markets, you will find forums and threads with great info on them.

I've been investing out of state for years and own property in TX, TN and now focused on Atlanta, GA.

Good luck!

Andrew

@Ash Reddy 

One approach would be to get into a few deals over a few markets, and get your feet wet. If you have no MF experience, then partnering up could be a great idea.

Andrew

@Brandon Cohen 

Welcome!

Essentially all turnkey companies are similar in the US. First, It's finding the market that works for you. Are you looking for more cash flow deals?

Andrew

@Daniel Libman 

I'm a buy and hold cash flow investor, and have had success in Dallas, Memphis, and now focused on Atlanta. I look at a few things -- cost of living, job growth & unemployment, vacancy rates, job drivers and cones, and then of course -- price points, rent ratios and expenses. For me, it all starts with the market.

Andrew

Hi @Ellyn S. 

I live in Los Angeles, and have been investing out of state for years (TX, TN and GA).

Great advice from everyone here. Don't invest until you have a good idea of what the market is like, growth, vacancy rates, etc etc etc.

Once you pick the market, figure out your team....and the deals come last!

Best of luck to you!

Andrew

@Account Closed 

I own property in Dallas, Memphis, and now focused on Atlanta. What markets are you looking at these days?

Andrew