Updated about 3 years ago on . Most recent reply
Looking for a market to make my first OOS investment.
I live in California and currently own a duplex and self manage it. I’ve been researching for years on OOS investment properties as California is hard to find cash flow properties. I’ve came close to pulling the trigger, but never did.
I currently have $100,000 available on a HELOC I will be using, and also have great credit for financing if needed.
Im looking for an agent who can assist me with everything from purchasing, possibly rehab if needed, to property Managment. I would like to keep my first OOS investment price fairly low so I can trust the process and build confidence so I can build my portfolio. I’m open to any market, and like multi family due to better cash flow. Thanks In advance.
Mike Perez
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@Mike Perez I'm in CA myself so I'm well aware of the problems you're having finding anything to cash flow. It doesn't. That's why we focus on business on the Midwest where it's much more affordable yet offers strong rents. I personally like Indianapolis and Kansas City for the combination of cash flow but also strong demographic trends such as population growth, job growth and modern/diverse economies. The Quad Cities, namely Davenport IA and the west side of Cleveland are great for affordability and cash flow. Feel free to connect and I'd be happy to share more insight and experience with you.