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All Forum Posts by: Jacob Hicks

Jacob Hicks has started 1 posts and replied 2 times.

Post: Des Moines, IA market VS Iowa City, IA

Jacob HicksPosted
  • Des Moines
  • Posts 2
  • Votes 2

I appreciate you guys providing your opinions! Honestly, @Matt Fisher, what I want are stable long-term rentals. I am thinking Des Moines may be a good place for me to start for some personal and professional reasons. Although I don't think I could necessarily go wrong with Des Moines or Iowa City. I think I will start with a single family three-bedroom home because from what I have read, they tend to attract people that stick around for quite a while. 

My current thought is to get into real estate. I figure the worst case scenario, I don't sell anything but I gain a very significant amount of experience and knowledge about real estate (I would be surprised if this happen though as I do have a lot of sales experidence). It will also allow me to network in the area with other investors and people of similar real estate interests as my own. I would love to hear all of your thought to this as well, @Mark Reiland, @Michael Lown, @Mitch Coluzzi I really appreciate you guys taking time to let me know what you guys think. 

Post: Des Moines, IA market VS Iowa City, IA

Jacob HicksPosted
  • Des Moines
  • Posts 2
  • Votes 2

Hello All!

I am going to be pursuing my first property in the next few months in Iowa. And I would like your input on markets. Specifically, Iowa City and Des Moines. Which do you think is better for a new investor and why?

I am thinking Des Moines as it is a growing city with people that tend to be there for a while. Whereas, Iowa City isn't growing quite as much, is very saturated with rentals, and people go there for college so potential for high turn over.

Thanks!