All Forum Posts by: Ashni Modi

Well done on the $100k saved up! Unpopular opinion, but Texas. I have more clients from CA either moving to TX (saving on state income tax) or purchasing rental properties in TX than any other state.

The state does come with it's headaches (cash out refinance rules, higher property taxes etc), but there is no dispute in the growth in various cities. I don't care what your political affiliation is (believe it or not this comes up a lot with my investors), but a LOT of people are gung-ho on Texas as a state and lots of businesses are migrating there as well.

Strategies can include buying properties near: major businesses/plants and colleges. There shouldn't be a shortage of people who have money and need a place to live.

Is buying a new construction a safer strategy considering I am starting out? Is it possible to have a positive cash flow? I am seeing a lot of incentives from builders

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I am starting out my journey in real estate investing. I live in orange county, California where there is basically nothing under $1 million. Is investing in California still viable? Say if I have 100K available for downpayment, what are some markets for out of state investing? I would like to have a good balance of positive cash flow as well as appreciation. I have heard of Midwest but any recommendations for which cities to look into?

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Quote from @Account Closed:

Quote from @Ashni Modi:

I am starting out on my real estate investment journey and looking to buy an investment property in the Phoenix area. Which county/areas/cities in/near phoenix should I buy an investment property in? My budget is about 400K. Also, is it better to buy a new construction or resale? Is it better to buy a townhouse or single family home?

Need to know more about your goals. Best locations are zip code and neighborhood specific. Are you looking for cash flow, safe neighborhood or bringing a property out of the abyss to perfection?

Hey Ken, yes I want it to have a positive cash flow, safe neighborhood but don't plan to flip the house. Is it better to buy a resale home in a good zip code or a new construction in a developing area? Are surprise, good year, buckeye good areas to buy pr should I stick to chandler, Mesa, etc? Do you have other recommendations?

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Phoenix, Arizona

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Phoenix, Arizona

All Forum Posts by: Ashni Modi

Ashni Modi has started 2 posts and replied 4 times.

Post: Out of state investing for Californians

Post: Out of state investing for Californians

Post: Which are the good areas in/near Phoenix to buy an investment property in?

Post: Which are the good areas in/near Phoenix to buy an investment property in?