All Forum Posts by: Ryan Johnson

@Ryan Plummer

Dang! I have 2 other events that evening. How can I stay in the loop for the next event?

@Ryan Plummer

Hey, what is the date and time on this? I'm in GP and am very interested. I have a few friends interested in flips too who would love to connect

@Bob Okenwa The catch is that the town itself is lower socioeconomically. It shows wear and feels like it peaked 30 years ago. There seems to be a lack of industry but lots of potential from recreation. It's not considered desirable but I'm wondering if the cost of living and available recreation could turn it around.

I am buying a place on the west coast as a short term rental(cash flow focused) but the more I look into it the more I believe there is significant potential appreciation. This town is isolated from others and severely underpriced compared to it's west coast neighbors. I think the draw of inexpensive living coupled with lots of sunshine and available recreation could draw a big crowd from California retirees. It has a mildly bad reputation but I find it to be mostly hype. How can I differentiate between a town with potential and one that will remain behind the curve? Does it come down to industry/jobs/growth?

@Troy Scottaline

Hey Troy, I'm excited for you. One question I always hear on BiggerPockets when people ask about leaving their W-2 job is: "If a property cash flows at X how many of those properties do I need to buy before I can reasonably expect to pay my bills with that income?" Personally, I'm a big fan of the short-term rental strategy because of the huge cash flow potential. I say start there and look for markets with high cash flow potential. I'm working toward the same goal in Oregon now. Good luck