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Updated about 8 hours ago on . Most recent reply

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Sushree Mohanty
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Brrrr in mid-west

Sushree Mohanty
Posted

Hi everyone - My husband and I are looking to invest in brrrr and scale REI over next few years. Doing some early research - any investors in recent years who can recommend areas in mid-west states for Brrrr? This will be an out of state investment so looking for advice.
We have many more questions but I am going to create separate threads/questions. 

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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

I would focus on relatively big cities with diversified economies. Although I would stay out of the crime-riddled areas in those places. It's important to be able to easily travel there and particularly small towns are risky as they often rely on one or two key employers and almost always on one or two key industries.

Kansas City (where I am), Tulsa, Indianapolis, Des Moines and Nashville are all good markets I think. Oklahoma City, St. Louis and Memphis less so, but still OK if you invest in the right areas.

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