Originally posted by @Randall Weatherall:
Congrats and keep going! Sounds like you grinded it out with a tried and true strategy that can really work out well with enough planning and patience.
I like the sound of Columbus and even have family up there; if I weren't living in a hot investor market, I would even pick up one or two myself up there. What was the final deciding factor on Columbus over other cities?
Thanks Randall! I definitely considered your market in my top 3. I decided on Columbus for a number of reasons, but ultimately it came down to finding what seemed to be the best price-to-rent ratios just based on the MLS. I think I would have found success in any of the markets I narrowed down to, so I finally had to just pick one and jump in. Seems to have worked out so far, but as I continue along this journey and expand my funding sources, cash flow and partnership options I certainly plan to diversify and enter into some other markets. What kind of returns are you seeing in Memphis right now?