All Forum Posts by: Stephanie Ro

Hello Phillip! Before leaving for Australia, I last lived in Las Vegas! Specifically, Silverado Ranch. I LOVED that area. I should consider Nevada again, but didn't think Nevada was landlord friendly. One of the benefits though is that I know the area very well. I lived in Las Vegas for over 10 years. I don't want the risk of a tenant squatting and it being difficult to evict! YES! I researched HOA rules last night and am blown away at what changed they can make where I'd be in a difficult position.

I appreciate this and am most certain that a duplex is more what I desire if I am going to get the tax benefits in financing a primary residence. Nashville has very few and I will look at other states. 

I researched Indianapolis yesterday! I don't know a thing about the State, but hear it's growing, it's landlord friendly and property taxes are relatively low. Can't wait to learn more about the suburbs. Also, I'm looking at Kentucky near Cincinnati. 

Thank you. This helps tremendously and I feel encouraged by your reply. The reason I was going for an HOA is because they take care of the roof when it falls in and the water heater when it gives way. Do you have an example of an HOA ruining an investment strategy?

Also, I see you're in GA. I wrote a list of suburbs down and started to research places, but found a thread on here from 4 years ago and several mentioned the boom is gone or tapered off. I picked GA BC of lower property tax and it's a landlord friendly state. Thanks for your help. I'll continue to network on here. I'm still exploring the website! 🤗

I haven't bought a property yet (very nervous, but it will pass after getting more educated). I rented a 1 bed/1 bath in Las Vegas. It was a small space, but in a great spot. Since duplexes aren't easy to find, I was thinking about buying a 1b/1b in a popular city, Nashville, TN specifically. I'm overseas, but just hopping around on Redfin. (Not going to buy until I get back to the States). Slow and steady is how I'd like to go. 
There are a few inexpensive 1b/1b in nice neighborhoods that are old, but turn key. Several were $85k-$100k. They actually looked nice. Surely, I can fix up and rent out to someone who will likely rent out b/c Nash is such a hot spot much like Austin (Texas property taxes are high though). Even if it weren't TN, wouldn't this be a "safer" way to go to slowly build cash? Find the highly sought after cities? Even 2 beds 1 bath (or 2).
(I would go through a property manager in an HOA by the way. I like safety nets when starting out. I would also consider 2-3 bed house but don't want to deal with having to fill rooms. Also - want something less expensive to start.

I am 4 years too late to this thread! Google brought me here. I recently became a Bigger Pocketier! I am wanting to invest in GA, but after reading this thread (and 4 years later), I may move my interest up to Indiana or Kentucky. @Richard Nix M. Caasi How did you go with your investments?! Tell me you bought something?! I can't wait for my first purchase, but I am in the early stages. (Like fresh into BP starting last week).