All Forum Posts by: Jordan Ryan

Hi Jordan,

Are you calling sellers as an agent or as a buyer?

For buyers, Jerry Norton and Pace Morby has good live call videos and also publishes scripts.

For agents, Ricky Carruth and Brandon Mulrenin has good videos for cold calling.

Scripts are important, but the best way to get better at cold calling is to start dialing! Good luck!

The Midwest for sure; it's the only region left with an affordability index over 100. Median home prices are almost half of the national average, which IMO will equalize over the next 10 years or so - money always goes where it can buy the most. I have a YouTube channel about Milwaukee and we see a lot more relocation clients in the last years. I don't think it matters that much which city you pick, more so that you have a good team on the ground and you take the time to learn the market a bit. 

Hey @Jordan Ryan, 

Since it's going to be your first rental property I would not recommend going very far unless you are investing in an area where you have friends or relatives that could get to the property in case of an emergency. 

When buying a property for rental purposes I always recommend using https://www.areavibes.com/ to check schools' ratings, demographics, and crime rates, among other important indicators.

Best of luck,

David 

@Jordan Ryan reach out if you ever want to talk about multi-family markets here in ME.

Hey Jordan!

For markets that I am familiar with - I would recommend the following:

Manchester, Nashua, Concord, Dover, Somersworth, Rochester 

These towns are all larger multi-family communities with a decent amount of multifamily inventory and a good draw. NH rental supply is one of the lowest in the US. These areas benefit from good overall cashflow and moderate to slower appreciation. 

For similar towns in Southern Maine:

Sanford, Biddeford, Saco

If you wanted to consider more of an appreciation market or class A type of rentals:

Portsmouth, Rye, Hampton, Seabrook, Newmarket, Durham, York, Kittery, Portland. 

I frequently work with a lot of investors that are doing exactly what you are. Within just about an hour or two of Massachussets there are a lot of great rental markets with low supply, extremely high demand and appealing cashflow. Nh from my experience is also a bit more landlord friendly than Maine and Massachussets. Happy to help if I can. 

@Jordan Ryan - There are a ton of local markets that cash flow near you. I work in Boston but invest in western mass which tends to still cash flow pretty well. I personally invest in Worcester which has a ton of multis. I know Providence and Manchester also have a ton of multis and cash flow. Happy to connect via a call and answer any questions you have about the local market.