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All Forum Posts by: Christopher Duron

Christopher Duron has started 13 posts and replied 49 times.

Post: Out of State REI... HELP please... Push me in any direction

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5

@Jad Boudiab Great info brother. I appreciate the feedback. Real estate  is definitely an investment strategy where emotions can take over rational thought very quickly.  I will use the info you have given me and remember to stick to the criteria I establish... and absolutely one of those will be to get into a deal under market value. 

I hope to keep in touch. Great info. Thanks again.  


Post: Kansas City Missouri Zip Codes

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5

I know I'm late to the party but...

@Chris Dawson Great, exceptional, astonishing, magnificent, (and 100 other synonyms of great) Post.  Thank you very much sir!

@Eric P. awesome map.  Thank you as well.

Post: Out of State REI... HELP please... Push me in any direction

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5

Great conversation!  I have learned so much in the past 24 hours (Cleaveland, Bama, Akron...etc) thanks to all of you.  Can't wait until it has been 1000's of hours and can't wait to see what the future holds for all of use.  Thanks again everyone.  

Anyone savvy on the KC area market?

Post: Out of State REI... HELP please... Push me in any direction

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5
Originally posted by @Nathan Bibb:

@Roberto Filice

Youngstown is my market, it's got rough parts like any city but it's all about having a good operator & team. Reach out if you want to talk about investing in the area. I work with a good amount of out of the area investors, give my bio a quick read

 Hey Nathan, I've read your bio and I'll contact you directly now.  Thank you for reaching out.  I perused a couple properties in Youngstown and it looks like there's potential for a good investment.  Talk to you soon

Post: Out of State REI... HELP please... Push me in any direction

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5
Originally posted by @Jad Boudiab:
Originally posted by @Christopher Duron:

Hello everyone. I am new and could use a little direction. I plan on purchasing a property out of state for buy and hold purposes. I am bouncing all over the board with markets, property type, and trying to research every piece of data that goes with making a sound decision.  I would like to get into a small multi-family in a good market and I need to narrow down my focus.  Anyone know of a good market to invest in or any other information I should know?  Currently, I am in research mode and I need to shift into action mode soon.  Any advice is good advice and I will greatly appreciate your time.  

I'm not sure I like this investing Out of State model right now. Prices are at a peak, and given that you're out of state you will have a disadvantage to the locals. Also consider your exit strategy, what happens if things don't go as planned (which happens) and you want to exit sooner than expected?

I'm all about encouraging someone to invests, but I'm not sure this is the best strategy in today's market. Food for thought.

Food for thought accepted!  It's always good to hear information that makes me/anyone "pump the brakes" for a bit and think.  Thank you for the comments.  

I'm curious though, what makes you say prices are at a peak?  I've heard both sids of this argument and I'm interested in how you have come to this conclusion? 

As far as an exit plan, I have to have a market to narrow down my options first.  For example, where I am located, vacation rentals are not wanted by many neighborhoods and the citizens have passed a ballot measure to stifle them (though there are loopholes as indicated by the amount of vacation rentals currently operating).  With that being said, I know the market I decide to invest in will dictate my exit strategy.

If I am to get into the game, I will for sure have an exit plan.  For now I am analyzing 5-10 deals a day and trying to get proficient with the numbers to enable a focused, systematic, decision making process.

Please hit me back and let me know your thoughts.
Thanks.  Hope to hear from you soon.  

Post: Out of State REI... HELP please... Push me in any direction

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5

Thanks. If I can do anything for you please let me know.  

Post: Out of State REI... HELP please... Push me in any direction

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5

Awesome. Thank you very much!  I’ll take a look at the area.  If needed, I’ll reach out for the agent contact. 

Great story Will. I am a firefighter in San Diego, my wife an educator turned project manager, and I am inspired by reading this. Our goal is to subsidize our retirement and quality of living in the long run. We hope to do this through out of state investing in the buy and hold or BRRRR arena. Any advice for a fellow firefighter trying to get into the RE game?

Post: Out of State REI... HELP please... Push me in any direction

Christopher DuronPosted
  • New to Real Estate
  • Posts 51
  • Votes 5

Hello everyone. I am new and could use a little direction. I plan on purchasing a property out of state for buy and hold purposes. I am bouncing all over the board with markets, property type, and trying to research every piece of data that goes with making a sound decision.  I would like to get into a small multi-family in a good market and I need to narrow down my focus.  Anyone know of a good market to invest in or any other information I should know?  Currently, I am in research mode and I need to shift into action mode soon.  Any advice is good advice and I will greatly appreciate your time.