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Updated over 8 years ago on . Most recent reply

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Valerie Nygaard
  • Investor
  • Saratoga, CA
4
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5
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Investing in Iowa from California

Valerie Nygaard
  • Investor
  • Saratoga, CA
Posted

I live in Saratoga, California and bought my first SFR in my hometown of West Des Moines, Iowa. I'm considering further investments in that area.

Most Popular Reply

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Mitch Coluzzi
  • Investor
  • Des Moines, IA
230
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238
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Mitch Coluzzi
  • Investor
  • Des Moines, IA
Replied

@Robb Spearman I couldn't agree more;  DSM and WDSM are absolutely fantastic.   I am a full-time investor, wear a real estate broker hat, and run a construction company with family.   We relocated here from Chicagoland and haven't looked back...  Live, work, and play in Des Moines which makes it relatively easy to keep a finger on the steady city pulse.   

The cities (including most of our "suburbs") are so vibrant and it is relatively easy to make connections throughout. Right now, deals are scarce and investors are plentiful. Think the cat might be out of the bag but... the deals are still out there with a bit of looking and patience. MLS marketed properties with much investment potential are far and few between. Just don't get caught by the slight inflation this summer's lack of inventory has produced... Evaluate each "deal" based on your verifiable numbers, design capabilities, and return requirements.

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