Greatest areas for high ROI on Rentals

3 Replies

I am entertaining the idea of purchasing notes vs rental properties. I'm from Phoenix but willing to buy turn key properties in other States. Where should I start my search? 

States with Deeds of trust vs mortgages are key here too. I want to be able to take action if my properties aren't performing.

I wrote an article about this, it weighs out the pros and cons of each. Maybe it will help? (I live in CA and only buy out-of-state myself). Not sure what to tell you about Deeds of Trust versus Mortgages tho... I'm not familiar.

http://www.biggerpockets.com/renewsblog/2015/01/24...

Originally posted by @Lea Tallo :

I am entertaining the idea of purchasing notes vs rental properties. I'm from Phoenix but willing to buy turn key properties in other States. Where should I start my search? 

States with Deeds of trust vs mortgages are key here too. I want to be able to take action if my properties aren't performing.

I'm confused about what you're asking and what you're trying to do. Are you asking about notes or turn key properties. If you're asking about turn key's, you'll get the best returns in the Midwest. Indianapolis and Kansas City are two good cash flow markets. Feel free to reach out if you'd like more info on them.

@Lea Tallo

I am invested in both notes (private lending) and buy and hold turnkey rentals - all out of state.  I am in the process of converting the former into more of the latter.  For turnkey rentals I have identified these areas as prime for my next buy and hold investments:

Philadelphia Birmingham Indianapolis Kansas City

I hope that helps.

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