Simply enter some information to view projected key return on investment (ROI) metrics, including cash flow, cash-on-cash return, net operating income, and cap rate.Minimize risk by investing in a pre-inspected, turnkey rental property with a tenant in place to earn cash flow beginning the day the deal closesBegin the loan application process early, because sometimes lenders require more paperwork than when you’re financing in your home stateHire a good local property manager who has experience working with out of state investorsWhile buying out of state rental property does come with some risk, investing the right way helps to minimize those risk while maximizing the overall returns of your property portfolio:Key reasons for investing out of state include increasing cash flow and portfolio diversification.Affordability, matching markets with investment strategy, and property affordability are three advantages to buying real estate out of state.Turnkey rental property and a local property manager help to reduce the risk of investing outside of your home state.All the best!

Cap ex is coming up and I'm tired of dealing with HOA, I'd like to sell and buy something else, a mobile home park, multi family, etc. 

There is a housing cap here so appreciation is pretty awesome, historically. 

I was told I was crazy to set up shop in the Cleveland markets 10 years ago, well how wrong they all were. 20 -30% net caps on top of the double, triple or more in value.

The previous owner only used VRBO, and in the listing it was in all caps “AWD strongly recommended, not required, refunds will not be given for not making it up the roads….”It was 80% booked last year.

I'm sure Judge won't understand/appreciate that deferral of cap gains. 

Majority of north side 5+ has been selling at extremely low cap rates but they are still selling just way less transactions and often cash. 

Cap/ex and management costs will destroy that low of rents.

Cash purchases can yield you 10% or more net caps Good luck 

We are able to get a higher cap rate in Detroit compared to California while simultaneously spreading risk over multiple properties.