Greenwood, MO · Member since 2017 · 18 posts · 4 votes
I am looking to get into real estate investment. I would like to purchase 10+ properties in the next 6 years to fund my early retirement. I want to primarily purchase out of state, either in Arizona or Florida. I currently live in Missouri and want to retire farther south. I have thought about condos, but I am hesitant because of the HOA fees. Any advice for a new investor?
Have you ever considered Alabama? You would be surprised and some of the returns you can achieve with a minimal upfront investment. If you're interested...send me a PM and I'll be happy to get you some more info.
I am looking to get into real estate investment. I would like to purchase 10+ properties in the next 6 years to fund my early retirement. I want to primarily purchase out of state, either in Arizona or Florida. I currently live in Missouri and want to retire farther south. I have thought about condos, but I am hesitant because of the HOA fees. Any advice for a new investor?
Have you been looking in any other markets for turnkey properties? You would be surprised what kind of returns you can get around the country. Feel free to send me a message!
Have you ever considered Alabama? You would be surprised and some of the returns you can achieve with a minimal upfront investment. If you're interested...send me a PM and I'll be happy to get you some more info.
Investor · Gilbert, AZ · Member since 2015 · 145 posts · 48 votes
9y
Jayson, I agree with your position on condos due to the HOA fees involved.
I think either state is a good choice for investment property.
A couple things I am doing to maximize my rentals are looking at properties near colleges/universities to rent to students as well as properties near tourist attractions to rent on sites like VRBO or AirBnB. This way, the same property can generally rent for higher amounts than an average tenant.