First Property Out of State

[Zak Beard]

Hey all! I live in Southern California and want to purchase my first property out of state since the market here is so high (over my budget). How realistic is it to find a cash flow positive property when investing from out of state? Any recommendation on markets?

[Min Zhang]

Hey Zak! I personally love the Cleveland market for its cash flow. I invest heavily in this area as an agent. I grew up on the east side of the town with a well versed knowledge of the neighborhood. I have a neighborhood grade guide my team has been working on in Ohio. We regularly update it. A lot of investors prefer to stay in the C and D neighborhoods because that is where you get the best cash flow. There are also some great tax benefits to investing in opportunity zones which are commonly located in C and D areas. Let me know how I can help!