All Forum Posts by: Crystal An

Thanks everyone for your fantastic insights! 

@Brian Garlington Fantastic point on getting pre-approved first -- that's my next step for this week. Was there anything else you did to build your credibility when beginning conversations with your OOS team?

@Bob Prisco Finding 10-14 cap seems difficult nowadays, but as you mentioned, having the proper team will help. Which team members do you feel like are the most important in contributing to your ability to get high returns? 

@Account Closed I heard on a podcast today that 30-35% of investors are cash buyers. I'm curious - how did you change your strategy to compete in Indy where offers on the MLS will get multiple cash offers?

@Daniel Kim

Ha, I think I am in a bit of analysis paralysis stage. I think it makes sense to just pick one and start building the team first. Thanks for your advice! 

@Marc Winter

I really appreciate your insight -- specific zip codes of Scranton, Dickson City, and Jessup actually showed up as areas in my analysis whose median prices and rents met or surpassed the 1% rule. Glad to hear confirmation of that on your end. I hope you don't mind if I reach out after doing some investigation -- thank you again!  

@Remington Lyman

Thanks for your thoughts! Having a solid team definitely seems to make or break investing success both abroad or local. I’ll take a look at Columbus and reach out if I have any questions!

Hey BiggerPockets!

I'm a newbie investor in California looking to invest out-of-state. I have done some data analysis and many signs point to the popular OOS markets such as Cleveland, Indianapolis, Kansas City, Columbus, etc. However, I've observed that there are two polarizing opinions about these markets: Some investors say that they are still finding success in these markets, and some say that these markets are too competitive / over-saturated with investors. 

 For those who are finding success in popular markets in 2019, what are you doing differently to continue succeeding or get ahead of the competition? What advice can you give to newbie investors who want to start in 2019 in popular markets (i.e. late to the train) and do not have a system in place yet? 

For those who decided not to invest in those markets or are no longer investing in those markets, why did you decide not to invest in popular markets? What are some attractive qualities you found in other markets instead, that no longer exist in these popular markets? 

Throwing a bonus question out there because I'm super curious to know -- how many markets are you currently investing in? 

Looking forward to hearing from the BP community. Whether a new or seasoned investor, there is so much to learn from everyone here. Thanks!