Would like to move to .... TN,SC,AL,GA,FL

Question

I will try to make this short and easy. In simpler terms I can buy houses in my central illinois area in "okay" neighborhoods for 20-55k and rent ranging from 400-800 a month.

I work in Los Angeles, and I am tired of both areas. I would like to work towards finding an area to invest where I can buy home homes in that 50K and under range for buy and holds.

Prefer a 100K or higher population as I do enjoy having some entertainment and activities.

I have been googling and looking around quite a bit to get ideas.

I know this is vague, but it is the beginning of a long search. Leaving small town IL for Los Angeles has been a big change. I own 6 properties and do not want to continue growing here.

Thanks,

Chase

Doug Merriott · Answer

@Chase Spitzer contact me when you are ready to come down to Tampa Bay area. I love this area and I am very excited to share it with people. It may just be the fact that I choose to live here, but I don't think there is any place better than Clearwater. However your needs may be different. If you like to get out and party it up then Tampa or St. Pete might be better for you.

Let's talk.

Chase Spitzer · Answer

@Autumn Webb I am planning to look through the greater Tampa area. New port Richie, Clearwater, etc.

It seems to be a place on could find neighborhoods I may like as well as cheaper housing I can afford to get involved in.

I'm in Los Angeles working right now. San Diego would be nice but living out here is beyond my budget.

Josh Rich · Answer

By the way, that took us to Sugar Land, TX (via Los Angeles).  Now we live in San Diego.  Today I surfed for an hour and I find myself thinking everday how blessed I feel to call this little piece of paradise home.  I imagine some people might hate living here, although I've never met any.  To each, his own.

Josh Rich · Answer

A few year back my wife and I were in a similar situation.  First, I agree with Ali.  Live where you want and invest (with a team in place) where it makes sense.

That said, what we did was take a week vacation and visited several viable cities, tried spending a day or two in each to get a feel.  Meet with a few people and ask their thoughts.  Checked, greatschools.org.  Then went on the feeling of what was right, after doing our homework.

Ali Boone · Answer

I don't recommend moving anywhere based on where you'll want to invest. What markets are good for investing change all the time. You can invest from afar pretty easy. But I would say if you do want to be local, shoot for Nashville or Chattanooga. Both amazing towns, super fun and hip and growing (Nash obviously a lot bigger than Chatt) and you could invest there.

I'm from Atlanta and went to school in Nashville so familiar with most of those areas.

Autumn Webb · Answer

Hi @Chase Spitzer I was reading previous posts and found this. Have you found properties or decided where you will relocate? I'm also looking for properties in Atlanta and Georgia (Atlanta) seems to be extremely competitive on properties fitting your criteria.

J Benoit · Answer

Birmingham has a great market as well!

Chase Spitzer · Answer

@Ryan Richard Thanks I will look it up.

Chase Spitzer · Answer

I am staring at a lot of maps and going through a lot of data. I think it is just a little overwhelming.

Ryan R. · Answer

Huntsville, Alabama. It's a great area to live and centrally located; Nashville, Chattanooga and Birmingham are only a couple hours drive.