All Forum Posts by: Himanshu Das

Personally, I invest in Columbus. I believe there will be pretty high appreciation here, as many large companies are investing money in our area such as Intel, Google, and Amazon.

Hey Himanshu, everyone is going to be biased to their market whether they are an agent there or investor (or both).

If you're looking for cash flow your options today are essentially limited to the Midwest.

If cash flow isn't important for you and you care more about appreciation then there's lots to choose from. 

So start with your goal and let that guide your options in terms of markets. Then, find a city that speaks to you. It could be a place you've visited and are familiar with or somewhere you have roots/friend/etc.

I'm going to go against the grain here. I'm a REALTOR, Property Manager, and investor in NC and SC. I am 100% biased and fully believe that if you are seeking a bit of cash flow and fast equity, Charlotte, NC, Greenville/Spartanburg, SC and Columbia, SC are the way to go. Because I know my markets well and have first hand experience in the cash flow and equity. I see it every day.

HOWEVER, if I were looking out of state for investments, I would not be looking in Ohio right now. My husband is from Ohio. I was super excited two years ago when he took me to get my eyes on properties I'd been watching and I was gravely disappointed. Those same properties are still worth about the same as they were when I looked at them 2 years ago. I do plan on purchasing there at some point - in maybe 2-3 years. But I don't think I'm "missing the bus" on not purchasing now.

With steady and proven markets like Charlotte, I know that if I don't purchase everything I can now, I may not be able to afford an investment property here in the near future.

 Ohio is super popular for out of state investors from New Jersey. Take a look at Cleveland, Akron, Canton, Columbus, Cincinnati, Youngstown and Toledo.

@Himanshu Das welcome to the forums and congrats on the first post! I work with several clients in NJ and they tend to like the southern/middle part of the country since the price points are easier and the laws are more landlord friendly. Areas like Texas, Little Rock, Memphis or Oklahoma. 

I would advise you to take your time and really do your homework on who you work with. Most investors that I talk to want to work with a company/person that owns the process from top to bottom meaning they purchase the property with their own cash, use their own money to renovate the property and own their management company on the back end. That way the interests are mutually aligned since they're married with you through the longevity of the investment. There are several companies out there that simply act as a referral source and have no skin in the game. Nothing wrong with that at all but sometimes the interests aren't mutually aligned since there's different companies involved.

Feel free to reach out if any questions come up along the way. Best of luck investing!