All Forum Posts by: Michael Sevilla

Orlando Florida, due to the amount of Visitors per year for the theme parks. Started off with short term rentals due to this, along with strong short term rental laws they have in place. They also have a very strong job market that is continuing to grow. Especially now with Disney moving their operations there to the Lake Nona area. That should help with long term rentals moving forward.

@Michael Sevilla shout out to Walnut Creek! Cash flow and favorable regulations are the name of the game, so these are the markets I'd recommend:

• Florida Panhandle (Destin, Panama City Beach, etc.) 
• Smoky Mountains 
• Galveston, TX 
• Alabama Gulf Coast 
• Blue Ridge Mountains
• Kissimmee (right outside of Orlando) 
• Miami 
• Henderson (right outside of Vegas) 
• Nashville 
• Scottsdale

They all have their pros/cons, but these are the ones I'd recommend.

Hi Michael, I'm from California but started my real estate journey here in Indianapolis. Now, I have almost a hundred doors. I would love to share my experiences and chat you more if you're interested.

Columbus, Ohio due to the cash flow and appreciation you can get here. Plus its a growing city with new companies moving here all the time. I like the midwest for its low price point houses to get started and momentum going.

Go off rent increases per year. That takes into account inventory, population growth, and economic growth.

I would suggest deciding what your criteria would be in property and choose a few markets that fit that description then start talking to locals from there. @Michael Sevilla

If you are buying turn key than debt service coverage is the whole game. The lenders use it to determine eligibility so why shouldn't you? Regarding location, the best deals are in the areas which were most impacted by the end of the tire and parts industry. Akron, Canton, Dayton etc. Of course Columbus and Cincinnati are hot markets but more expensive. Good deals can be found in Cleveland but it requires a strong understanding of the neighborhoods. 

As I have said for the past two years, Ohio is very undervalued and has reasonable rental returns. For a investor who wantsto make their cash go along way this is a great State!