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Updated over 4 years ago on . Most recent reply

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Eliam Birnbaum
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Help getting started

Eliam Birnbaum
Posted

Hi everyone!

My name is Eliam, and I'm new here at BiggerPockets and just getting started. I'm living out of the US and looking for an interesting area to focus on in my property search. Anyone have any suggestions for an interesting area that is favorable for owners, doesn't require flood insurance or any special taxes, low crime etc...? Something that would be easier to manage long distance.

Thanks!

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,809
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

"an interesting area that is favorable for owners, doesn't require flood insurance or any special taxes, low crime etc." describes thousands of towns across America. All you are going to get from this broad stroke is people pushing their area. But how can they even do that when they don't know what you think "interesting" is. Why do you want to invest in the US while you are out of it? What cash flow or appreciation do you want to get? You are basically asking people to sell you which is never good. What research have you done on your own to pin down areas you might like to own a property in?

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