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All Forum Posts by: Michael Rosenblum

Michael Rosenblum has started 2 posts and replied 5 times.

Post: OFFER ACCEPTED ANALYZING 3 DEALS A DAY

Michael RosenblumPosted
  • New to Real Estate
  • Israel
  • Posts 5
  • Votes 2

Congratulations Dante, awesome of you to make things start rolling. I am also interested in Keith questions 

Great story Chris. As someone who is looking to get started investing in the US from overseas your story really helped me see that its possible and gave me a boost of confidence to get started.

Thank you for sharing 😁

Post: What Market Should I Get Started In?

Michael RosenblumPosted
  • New to Real Estate
  • Israel
  • Posts 5
  • Votes 2

Hello everybody,

I am now starting my way in to real estate and I have decided its time to pick a market to invest in. I cant really go neighborhood neighborhood in the US cause I will never be done, that is why in need your help. I would really like to find good markets to get into from your personal experience or from your own research. Here are the main criteria I'm looking for:

  1. I want to start with flipping houses so a market that is suitable for that.
  2. A market in which I can find deals that will cost me about to 50K-80K including rehab. I know its hard to know the rehab costs but markets where it will be possible to find such deals. I am open to hear about slightly more expensive markers as well but that's the range I'm aiming for.
  3. I am hoping to buy my first property in about a year so I am looking for a market that will be relevant for the next 4-6 years. Again, I know its not certain but at least one that it will be plausible.
  4. The last thing is only as a bonus and that is that the state will have laws that are over seas investors friendly. I'm not saying pro over seas investors necessarily but if a state has severe anti laws then that might be a deal breaker.

It doesn't have to answer all of these perfectly, I am just looking to narrow down my search a bit but want to look at a lot of optional markets so that I can choose the right one for me.

Thanks a lot in advance to who ever will help

Post: How To Pick A Market For Flipping Houses

Michael RosenblumPosted
  • New to Real Estate
  • Israel
  • Posts 5
  • Votes 2

Hi @Jamaal Gibbs thank for the pointers.

one question, are new neighborhood and construction a good indication? Or should i look for markets were there aren't new house cause they pose as competition?

Post: How To Pick A Market For Flipping Houses

Michael RosenblumPosted
  • New to Real Estate
  • Israel
  • Posts 5
  • Votes 2

Hi, I'm a new member in BP and I am starting to learn the ropes of real estate in general and putting some more emphasis on house flipping which I think is the niche I'll probably go with.

I wanted to know how can I pick a market to invest in order to flip a house there?
What are the criteria I should look for? I have seen videos and read articles about choosing one for rental properties but because of the relatively short investment I'm assuming its not completely the same.

One last note I'm from Israel, where the market is pretty expansive, so starting in my back yard is not really an option...

I'll appreciate any help i can get!!