All Forum Posts by: Brandon McBride

@Brandon McBride I was actually looking into this last night. I had heard of OH and PA but you may be able to find some fixer uppers in south central NC as well. 

From what I've researched, Jackson MS is a good cash flowing market with lower SFH prices. I have one under contract with turnkey rental company for $72k, but you can def find good ones for less as well. My contact at the turnkey company owns 9 in Jackson, so that even more validation for me.

@Brandon McBride I started wholesaling in Nashville, which you can’t hardly buy land for less than 100k. I’ve recently moved into parts of Alabama like Huntsville, Birmingham, Tuscaloosa. In Bham and Tuscaloosa, the rental market is strong but house prices are down. Definitely some fixer uppers for less than 50k, and even nice houses below 75k.

Typically, homes that can be purchased for 50k or less are purchased for the cash flow they provide.  Many of those properties will not appreciate much, but if you are investing solely for cash flow, they are a good place to start.

We have 30 rentals in Indiana all in the 50K range and do very well with them.  Don'y believe the people who tell you people in lower neighborhoods are bad tenants.   There are good  (and bad) people in every neighborhood.