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Updated 2 days ago on . Most recent reply

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Matthew Bonaski
  • Rental Property Investor
10
Votes |
4
Posts

New investor looking at out of state deals

Matthew Bonaski
  • Rental Property Investor
Posted

Hi everyone!

I have been listening, reading, and taking in all the information BP has to offer and wanted to make my first forum post introducing myself and goal.

My friend/colleague and I have decided it is time to make the smart leap into real estate investing. We are both W2 workers and our primary goal is to build long term wealth through equity appreciation, while also ensuring the property is cash flow positive. We're looking for a single-family home that is either turnkey or requires very light to no renovations. We've been doing our research and have narrowed down our potential markets to the following:

* Kansas City MO

* Columbus Ohio

* Knoxville TN

* Indianapolis IN

* Northwest Arkansas 

We plan to use the BP Market Analyzer to deep dive but wanted to hear from the community. For anyone that has invested in these areas, what are some of the key things we should be looking out for? Any advice or insights would be appreciated!

Thank you,

-Matthew 

Most Popular Reply

User Stats

5,800
Posts
6,750
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Remington Lyman
#3 Real Estate Technology Contributor
  • Real Estate Agent
  • Columbus, OH
6,750
Votes |
5,800
Posts
Remington Lyman
#3 Real Estate Technology Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Quote from @Matthew Bonaski:

Hi everyone!

I have been listening, reading, and taking in all the information BP has to offer and wanted to make my first forum post introducing myself and goal.

My friend/colleague and I have decided it is time to make the smart leap into real estate investing. We are both W2 workers and our primary goal is to build long term wealth through equity appreciation, while also ensuring the property is cash flow positive. We're looking for a single-family home that is either turnkey or requires very light to no renovations. We've been doing our research and have narrowed down our potential markets to the following:

* Kansas City MO

* Columbus Ohio

* Knoxville TN

* Indianapolis IN

* Northwest Arkansas 

We plan to use the BP Market Analyzer to deep dive but wanted to hear from the community. For anyone that has invested in these areas, what are some of the key things we should be looking out for? Any advice or insights would be appreciated!

Thank you,

-Matthew 


 I would try to visit these places and build out a solid team

  • Remington Lyman
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Reafco
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12 Reviews

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