All Forum Posts by: Jenny Chou

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Jenny Chou has started 1 posts and replied 4 times.

I'm here but I'm not sure if I can call myself an investor yet since I just started.

1 Vote

Originally posted by @Doran Summers:

@Jenny Chou why not invest in your own back yard first? Are you from San Antonio? Or invest in other cities driving distance so you can be local.

I've been told by many ppl (investors, realtors, PM, etc) that All in with $60K cash is not possible in San Antonio.

I'm looking for C+ class area.

0 Votes

Originally posted by @Ruth Blue:

I would find an awesome STR vacation rental cabin in Pigeon Forge. I just closed on my first one in March and we are booked solid already planning to make an awesome return this year. WE went in and updated kitchen added washer/dryer and a few other items. Will be able to refinance after 6 months.

Thanks for the advice!

0 Votes

I have $60K to invest in real estate. I wold like to use the BRRRR method. I've done many searches but still would like to have some recommendations. Some articles suggested memphis, TN, but they seem to be loosing population over the years and pretty high crime. Some suggested Tulsa, OK, but I'm concerned about tornadoes. Some suggested Kansas City, MO, etc. I know this pandemic most likely will change everything but any input on those cities or even other cities that I didn't mention would be greatly appreciated!

Btw, for crime map, Trulia vs Realtor.com, which one is more reliable? I can have realtor.com saying it's high crime while trulia saying it's low crime... super confusing, and then if I use LexisNexis, it will tell me it's a medium crime area. Actually, none of the "high crime areas" are high crime on LexisNexis. I have seen low crime places on trulia looks like class D in person and high crime places on realtor.com looks like class C.

1 Vote