All Forum Posts by: Zak Beard

Hi Zak, I’m a newer investor myself but I do have 9 doors in a couple Midwest markets (Memphis and Detroit). In terms of cash flow, it’s definitely possible in the Midwest. In fact, every property I buy in the Midwest has a rent to price ratio of 1% or better and cash flows day 1, assuming a 20% down payment. Happy to connect and knowledge share if you are interested.

Sounds a risky but I’m open to hear more if you have a good strategy for managing the risks👍🏼

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Quote from @Jake Andronico:

@Zak Beard

Totally depends how much you have to put down. What's your budget and capital you're looking to deploy?

Thanks for the reply! Ideally 30k but could go up to 60k for the right opportunity.

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Thanks for the reply! Obviously I want the largest return possible but I think the priority for my first one is something maybe more on the safer or stable end of the spectrum. I was looking at Kansas because the numbers look pretty good and it’s doesn’t have a ton of crime. Do you have a preference on market?

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Hey all! I live in Southern California and want to purchase my first property out of state since the market here is so high (over my budget). How realistic is it to find a cash flow positive property when investing from out of state? Any recommendation on markets?

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All Forum Posts by: Zak Beard

Zak Beard has started 1 posts and replied 4 times.

Post: First Property Out of State

Post: First Property Out of State

Post: First Property Out of State

Post: First Property Out of State