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Multi-Family and Apartment Investing

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Ellyn S.
  • Los Angeles, CA
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New, Out-of-State Investors Looking into Kansas City and/or Charlotte

Ellyn S.
  • Los Angeles, CA
Posted Aug 12 2014, 15:20

Hi! My husband and I live in Los Angeles, California, and are looking to invest buy-and-hold, out-of-state properties. We’re looking for 1-2 multifamily properties that don’t need rehabbing in a blue-collar or above neighborhood.  Our main goal is cash flow, and we’ve become increasingly interested in both the Charlotte and Kansas City markets thanks to good mortgage-to-rent ratios, strong local economies with growth potential, and personal/family connections.

Here's a question for the more experienced investors among us: How do you recommend we go about finding a TRULY AWESOME realtor and/or a turnkey management company in these two areas?  Personal recommendations are welcome, as is any additional advice you may have.  Thanks in advance!!

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