BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated 22 days ago on . Most recent reply
Location considerations for BRRRR
Hey! I have a pretty large capital ready to step into this game,
I am in big conflicts either choosing Ohio(Cincinnati/Dayton) or Texas(Houston) for BRRRR method,
I read a lot about Ohio, only positive stuff. But I am sure I can make it even in Texas. How big impact is that? For BRRRR, or flips in general.
Tlooking also to have sort of lifestyle and not living in cold 1/4 of the year with snow.
the question, is there is big differences between markets?
should I consider heavily Ohio or you can make it pretty much any place, or Texas in general
Thanks!!!
Most Popular Reply
- Residential Real Estate Investor
- Kansas City, MO
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Markets are extremely important for real estate investment. You know the old saying, "location, location, location."
That being said, I think (from my cursory knowledge of the two cities) that Houston is a generally better market than Cincinnati. More growth and the rust belt is still not doing great economically.
Of course, it also matters where you are. Technology makes long distance investing possible, but it's still easier and less risky to do it close to home.