Rental property in Florida or Texas
Investor · Mount Sterling, KY · Member since 2016 · 10 posts · 4 votes
Rental property in Florida or Texas
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Real Estate Agent · San Antonio · Member since 2024 · 103 posts · 42 votes
1yGood morning, @Lledenhia Romero,
It sounds like you’re ready to make some smart moves with your SDIRA and build a strong rental property portfolio—awesome plan! Investing in cities with high rental returns is a great strategy, and having a reliable property manager (PM) to handle the day-to-day operations is key to keeping things running smoothly.
My name is Lisa Choi, and I’m a native San Antonian and a local real estate agent specializing in helping investors like you grow their portfolios. My team and I work with investors across the country to identify properties in markets with strong cash flow potential, and we’d be happy to help you find the right opportunities for your SDIRA. Additionally, I have a great property management company I can recommend to ensure your investments are well taken care of.
With over 50 office locations nationwide and a team of experienced agents, we’re equipped to provide the resources and expertise to help you make strategic, profitable investments. Whether you’re looking for single-family homes, duplexes, or other rental properties, I’d love to help you find the perfect fit for your goals.
Let’s connect and discuss how we can work together to grow your portfolio. Feel free to reach out if you’re open to a quick conversation—I’m confident we can find something that meets your criteria for high rental returns!
Looking forward to hearing from you,
Lisa Choi
210-852-0050
7 Replies
- 1yRobert EllisBusiness MemberDeveloper · Miami, FL · Member since 2014 · 3k+ posts · 1k+ votes
Quote from @Lledenhia Romero:
i want to buy rental property in cities very good return using my sdria and also have property also looking for pm to manage it can anyone help me
what type of properties are you looking at? SDIRA investing is a great strategy. I don't think you have to look at just those states. I live in Miami and build in columbus and in our market there's very few places where you can get a cash flowing asset. you have to build it. are you considering building as a strategy?
Section 8 Launch52 Reviews - Property Manager · Oviedo, FL · Member since 2013 · 18 posts · 8 votes1y
@Lledenhia Romero
Central Florida is a great market to invest in. Let me know if you ever need property management!
- 1yJimmy LieuBusiness MemberReal Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
Quote from @Lledenhia Romero:
i want to buy rental property in cities very good return using my sdria and also have property also looking for pm to manage it can anyone help me
If you're looking for a city with very good returns, definitely suggest Columbus Ohio! It's one of the hottest markets in the US right now with some of the fastest population and job growth and companies moving and developing here. I would recommend taking a look into Intel headquarters, Amazon, FB, LG, Google, Anduril, Nationwide, Ohio State University, and many of the other companies developing here! Additionally, you can still find properties for 120-180k that will positive cash flow and hit the 1% rule. Anything you buy in the Columbus Ohio market is currently blow up in terms of appreciation growth so it's one of those markets you want to hold the real estate for the rest of your life. Happy to connect and answer any questions you have.
Jimmy Lieu, Red 1 Realty4.9120 Reviews - 1yRemington LymanBusiness MemberReal Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
Quote from @Lledenhia Romero:
i want to buy rental property in cities very good return using my sdria and also have property also looking for pm to manage it can anyone help me
How much money do you have in your SDIRA? The issue with an SDIRA and real estate investing is that you cannot commingle funds, so you need to ensure you have enough money in the account to complete the project.
- 1yDrew SygitBusiness MemberProperty Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
@Lledenhia Romero how did you pick those markets?
Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.
Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.
If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.
If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?
So, when investing in areas they don’t really know, investors should research the different property Class submarkets.
Here’s our OPINION for the Metro Detroit market (use as a template for your target area!) that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:
Class A Properties:
Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.
Vacancy Est: Historically 10%, 5% the more recent norm.
Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:
Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.
Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.
Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:
Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation. Can try to reposition to Class B, but neighborhood may impede these efforts.
Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.
Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years. Verifying last 2 years of rental history very important! Also, focus on 2 years of job/income stability.
Class D Properties:
Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciation
Vacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.
Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions. Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
Logical Property Management4.9458 Reviews - Investor · Member since 2025 · 21 posts · 21 votes1y
Quote from @Remington Lyman:
Quote from @Lledenhia Romero:
i want to buy rental property in cities very good return using my sdria and also have property also looking for pm to manage it can anyone help me
How much money do you have in your SDIRA? The issue with an SDIRA and real estate investing is that you cannot commingle funds, so you need to ensure you have enough money in the account to complete the project.
It actually is possible to partner IRA funds with other funds to purchase a property if you don't have enough in your IRA. You can partner with one or more other IRAs, and non-IRA funds as well. What's important is that any profits or expenses flow to and from the IRA(s) in the same proportion as when they funded the investment.
- Real Estate Agent · San Antonio · Member since 2024 · 103 posts · 42 votes1y
Good morning, @Lledenhia Romero,
It sounds like you’re ready to make some smart moves with your SDIRA and build a strong rental property portfolio—awesome plan! Investing in cities with high rental returns is a great strategy, and having a reliable property manager (PM) to handle the day-to-day operations is key to keeping things running smoothly.
My name is Lisa Choi, and I’m a native San Antonian and a local real estate agent specializing in helping investors like you grow their portfolios. My team and I work with investors across the country to identify properties in markets with strong cash flow potential, and we’d be happy to help you find the right opportunities for your SDIRA. Additionally, I have a great property management company I can recommend to ensure your investments are well taken care of.
With over 50 office locations nationwide and a team of experienced agents, we’re equipped to provide the resources and expertise to help you make strategic, profitable investments. Whether you’re looking for single-family homes, duplexes, or other rental properties, I’d love to help you find the perfect fit for your goals.
Let’s connect and discuss how we can work together to grow your portfolio. Feel free to reach out if you’re open to a quick conversation—I’m confident we can find something that meets your criteria for high rental returns!
Looking forward to hearing from you,
Lisa Choi
210-852-0050
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