All Forum Posts by: Ruchit Patel

Are you still looking for out-of-state rental properties? 

I am out of state investor from California. 

If you are looking to share ideas and talk strategies, let's connect. 

I am in California and I have been investing out of state for years now. Message me if anyone wants to hear about my experience. 

If I were you, I would do what Karl said. 

However, if you are in areas such as California or New York, then rent will never cover the mortgage and you need some alternative investment. 

Depends on what you want in short term and long term, and depending on your risk tolerance, different things can be done. 

Such as midwest turnkeys for passive cash flow of $1500 on $200,000 down or funding new construction to play equity game to get another $100,000 in 18 months in Florida or buying notes with Norada to get 1%+ interest on the principal, etc. 

Regardless, real estate beats the stock market in peace of mind and in returns (mostly) by far!

Can you elaborate on your mindset and your goals? 

Over time, few turnkey providers have lasted through the test of time and successfully made 100s of investors wealthy.  

Regardless of their reputation, it's your money and future on the line, so it's always advised to learn and do due diligence on your own. If you feel pressure to invest with a company by their sales guy, better get out. 

If you want to enjoy passive income without any hustle on your own, message me and I will connect you with some of the turnkey providers I have used in the past. I will share my story with you. 

Houston does have net positive deals. Returns might not be juicer. I think new construction is booming in Houston. So equity play is there. 

Are you looking to passively invest in cash-flowy properties and collect that income or actively house hack and manage on your own?

--Ruchit

If you are single, a house hack is mostly the best way to boost your network, otherwise, due to family constrain, you might have to fund out-of-state turnkeys or new construction. 

I don't believe in analysis paralysis. It just means new information is not answering the questions you still have in mind. One day, better jot down all your hesitation and then start addressing them one by one. 

Feel free to message me/call me to understand how I overcame hurdles when I was starting out. 

Everyone's different. Don't feel bad about taking more time to think and then doing it.

Well, depends on the buyer. 

But in general:

- the least amount of repair

- vicinity of malls, schools, parks, jobs, etc. 

- local crime-rate 

Are you a buyer or a seller?

--Ruchit

What is the question here, Phoenix?

As long as interest on your line of credit is less than your cash on cash from investors, you will have no problems. (unless your tenant goes bankrupt)

I am out of state investor too. Message me and I will give you the contact I have worked with in the past. See if you like those people.