All Forum Posts by: Matt Har

Thanks so much everyone! All very helpful. 

@Evan Polaski, I'll check out the local forums like you suggested. 

Hi all,

My wife and I are planning a road trip through the Southeast US where we drive through towns and neighborhoods looking for the best places to buy property. Would love help narrowing our list of towns. We'd like to avoid anything on the coast like Wilmington or Savannah due to flooding/weather concerns. Other than that, we're very open to any nice town, ideally with good schools, good employment and high quality of life.
We're targeting cash flow, and ideally somewhere near the 1% rule (.85% or .9% also fine). SFH or multi-family. Budget is anywhere from $100k-$400k depending on return.

Currently considering: Raleigh NC, Charlotte NC, Atlanta, August, Greenville SC, etc.

We currently live in NYC but are ready to start an investment portfolio out of state. Would really appreciate A) Any help narrowing the list and B) being put in touch with any good investor-friendly realtors in one of these areas!

Thanks so much

Hi all,

My wife and I are planning a road trip through the Southeast US where we drive through towns and neighborhoods looking for the best places to buy property. Would love help narrowing our list of towns. We'd like to avoid anything on the coast like Wilmington or Savannah due to flooding/weather concerns. Other than that, we're very open to any nice town, ideally with good schools, good employment and high quality of life. 
We're targeting cash flow, and ideally somewhere near the 1% rule (.85% or .9% also fine). SFH or multi-family. Budget is anywhere from $100k-$400k depending on return.

Currently considering: Raleigh NC, Charlotte NC, Atlanta, August, Greenville SC, etc.

We currently live in NYC but are ready to start an investment portfolio out of state. Would really appreciate A) Any help narrowing the list and B) being put in touch with any good investor-friendly realtors in one of these areas! 

Thanks so much

Hi everyone,

My wife and I are looking to get into real estate investing. The plan is to buy a couple buy and hold single family homes that maximize cash flow and hopefully appreciate nicely over time, and continue to add to our portfolio over time. 

We currently live in NYC and don't see any interesting investments in this area (please let me know if you know of any) so are looking to rent out of state and find a reliable property manager. I grew up in Boulder and have family in the area so we're looking at somewhere along the front range as our best option at the moment. 

So here are my two questions:

1) when analysing a market/city/neighborhood what are the 5 or 6 primary metrics we should be focused on (price to income ratio, population trends, unemployment, etc)

2) What are some suggestions for great markets to start investing in now? Ideally markets that are not already overpriced. 

Thanks!

Wow! Amazing to see such a helpful community. Means a lot. 

@Jake Adams- Thanks so much. DM'd you separately to set up a call. 

@Bill S. - i very much appreciate the sober and candid advice. Can you suggest a town/neighborhood in the Colorado front range area that we should be targeting? If not, which states/cities should we be looking at outside of CO? 

@James Carlson - Airbnb is an option we've considered. Are there property management companies that would operate the Airbnb listing for us? Or would that option only make sense if we manage the day-to-day ourselves?

@Russell Gronsky - Thanks a ton. Looking up James Orr now. Thanks! 

Hi everyone,

Started listening to the podcasts a few weeks ago and they have inspired my wife and I to buy our first investment home! We currently live in NYC (for my work) but have family in Boulder, Colorado and are strongly considering buying our first property in that area (Fort Collins, Longmont, etc). Ideally we'd like to find a deal that allows us to hire a management company and still have some positive cash flow. 

Would love to get any tips and/or recommendations regarding the front range area and trustworthy contacts that could make up our "core 4" as David Greene calls them: Lender, Realtor, Management company, Contractor. It's all about finding the best people and that's what we're looking for now! 

Thanks!