Out-of-state investing makes the most sense for me—it’s impossible to cash flow anywhere near me, and moving wouldn’t make sense because I wouldn’t be able to earn the same wages or find the same kind of jobs.Before this purchase, I already owned two properties: a long-term rental outside Houston, Texas, and a short-term rental in the Sierras in California.

If we assume all cash and a 50% expense ratio (this improve with time due to the near fixed property tax) would provide 4.8% return from cash flow not including closing costs).  0.5 (rent ratio) * 0.5 (50% rule) * 12 (months). 

This.Also, if you were the tier 1 worker bee at a relocation company who wants to get a family housed, happy and as quickly as possible, would you accept the word of a guy who sells a course to new-to-MTR investors that "here is Eli; please send him all of your business.

I am in the Scranton/Wilkes-Barre area and I am a new landlord, having purchased my first rental property about two and a half years ago.

Everything can be done with a calculator and a piece of paper if need be.

We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.

The investors with the most units and most experience could just as likely be in flip flops and a Jimmy Buffett shirt as jeans and a polo.

I am also a project manager and a architectural designer for a real estate developer in NYC. 

When it closed, I won salesperson of the year, getting a “big” bonus and a trip to Australia.

A few small touches, like high-quality linens and a welcome guide, can make a big difference.