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Updated 10 months ago on . Most recent reply

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Starting out as out of state investor trying to find a good deal

Posted

Hi,

I am a newbie starting out as an out of state investor. Have started out in Austin getting 2 duplexes. But ended up being a lot of negative cashflow on both.

I got started! But now trying am struggling to find a good deal.

Primarily thinking of Cleveland, Austin and Peoria.


Any recommendations if this looks like a good place to start?

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Najma Osman
  • Real Estate Agent
  • Columbus, OH
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Najma Osman
  • Real Estate Agent
  • Columbus, OH
Replied

Hi @Mayuresh Kshirsagar

Welcome to the world of real estate investing! It's good to hear that you've jumped in with your two duplexes in Austin, even though they haven't worked out as planned. Starting out is the hardest part for most. 
While Cleveland, Austin, and Peoria are all good markets, I'd recommend considering Columbus, Ohio, as well. Cleveland is a better market for cashflow but Columbus offers a stable and growing market with a strong rental demand, and diverse economy. I'd be happy to help you explore opportunities here and provide more detailed insights. Feel free to reach out!

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