Advice on multifamily investment

[Priscilla González]

Hi,

I'm excited to join Bigger Pockets and embark on my real estate adventure. I'm finishing my Ph.D. in Biochemistry Engineering here in Los Angeles and am originally from Chile. Back in my home country, I have successfully owned a few properties, and now I'm eager to replicate that success in the USA. However, I've quickly realized that the real estate landscape here differs.

Recently, I completed "How to Invest in Real Estate" by Brandon and Joshua, which has further fueled my excitement to gain insights from experienced individuals like yourself. I'm thinking of investing in a multifamily and house hack. Can you give me some advice and guidance?

 Thank you, and I look forward to connecting with you soon!

[Sam McCormack]

@Priscilla González

Hi Priscilla, first piece of advice I like to give people, is know what you are wanting out of an investment property and then base your location off that goal. If your goal is to get as much cash flow as possible (without being a slum lord) and your limit is 300k, then somewhere in the midwest will be more your speed. Indianapolis, northern Ky, Cincinnati, Cleveland, Kansas City, etc. I am a realtor in Cincinnati and northern ky, known for having a mix of cash flow and appreciative friendly areas. Both growing cities with large projects going on. 

Let me know if Cincinnati/Northern Ky is of interest to you!