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Ace Kaspar
  • Investor
  • Raleigh, NC
71
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112
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Considering moving - seeking advice from investors

Ace Kaspar
  • Investor
  • Raleigh, NC
Posted

Hi all!

I am considering moving out of NC to somewhere new as I have lived in NC pretty much all my life.

I am looking for one of two things in my next property and looking to spend anywhere from $150,000 - $375,000 (max) :

Option 1: A quadplex (max $375,000) /Triplex/Duplex (If $250,000 or under for a Duplex)

Option 2: A house (not HOA) that needs work done to it (not a house that needs to be rebuilt from the studs) and I am open to dropping $150,000 - $250,000 unless I need to spend more in that market and the math makes sense.

Areas I am looking to is:

- San Antonio, TX
- Columbus, OH
- Cincinnati, OH 
- Seguin, TX
- Boerne, TX
- Des Moines, IA

Others in there as well but that's a good starting list of where I am considering looking to move to and I am researching.

Any guidance on ideal investor friendly markets would be appreciated. I won't be buying a house for awhile but good to research in advance.

Thanks all!


Most Popular Reply

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Jimmy Lieu
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Real Estate Agent
  • Columbus, OH
2,023
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Jimmy Lieu
#2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Ace Kaspar:

Hi all!

I am considering moving out of NC to somewhere new as I have lived in NC pretty much all my life.

I am looking for one of two things in my next property and looking to spend anywhere from $150,000 - $375,000 (max) :

Option 1: A quadplex (max $375,000) /Triplex/Duplex (If $250,000 or under for a Duplex)

Option 2: A house (not HOA) that needs work done to it (not a house that needs to be rebuilt from the studs) and I am open to dropping $150,000 - $250,000 unless I need to spend more in that market and the math makes sense.

Areas I am looking to is:

- San Antonio, TX
- Columbus, OH
- Cincinnati, OH 
- Seguin, TX
- Boerne, TX
- Des Moines, IA

Others in there as well but that's a good starting list of where I am considering looking to move to and I am researching.

Any guidance on ideal investor friendly markets would be appreciated. I won't be buying a house for awhile but good to research in advance.

Thanks all!


Hey Ace, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio. There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc). I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation. As an investor and agent here in Columbus Ohio, if you have any questions or want to connect, definitely reach out!

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Jimmy Lieu, Red 1 Realty Group
4.9 stars
116 Reviews

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