Out of State Investing
45 Replies
Preeti Sampath
posted 16 days ago
I live in Denver and own properties for rentals here. Lately, since Colorado is the new California, we are now in low supply market where prices are rising fast and anything that is good has huge bidding wars and people paying way more than the property is worth. As an investor, I want to look at other states as the Denver market cools off. Are there any areas that are up and coming that are good for rental investing? Also, love to build some connections of people in other states to learn more about their investing experience. If you're looking at Colorado market, I can help you also with insight into this crazy market. Thank you!!
Jaron Walling
Rental Property Investor from Indianapolis, IN
replied 16 days ago
Boise, ID
Minneapolis, MN
Las Vegas, NV
Arizona and Texas are blowing up if you want to travel further.
Jake Martinez
Real Estate Agent from Boise, ID
replied 16 days ago
Hi Preeti,
I am a realtor, investor and property manager in Boise ID. I'd love to connect and give you any information you need about our market!
Feel free to shoot me a message.
Thank you,
Jake Martinez
JPAR Live Local
Andrew Wehn
from Walnut Creek, CA
replied 16 days ago
I live in Northern California and just bought an investment property (condo) in Scottsdale, AZ. Like Jaron said, AZ is "blowing up." I'm sure the best time to get in was a few years ago but no time like the present. I have a lot of friends and family out there as I grew up there, so I have an advantage but I'm a huge fan of the Phoenix metropolitan area and see a lot of opportunity. I suppose it'll come down at some point but probably not this year nor next - we'll see... I plan to make a lot of buy-and-hold investments in the Scottsdale and North Phoenix area in the next few years.
Michael Orlando
Investor from Cleveland, OH
replied 16 days ago
Ohio has some solid markets - Cleveland for cashflow, and Columbus for appreciation. Cinci and Dayton have their benefits too! My partner and I invest in Cleveland though and love the returns we can hit.
George Mevawala
Real Estate Agent from Scottsdale, AZ
replied 15 days ago
Phoenix, AZ
Preeti Sampath
replied 15 days ago
Originally posted by @Michael Orlando :Ohio has some solid markets - Cleveland for cashflow, and Columbus for appreciation. Cinci and Dayton have their benefits too! My partner and I invest in Cleveland though and love the returns we can hit.
Hey Michael. Thanks for your input. I am interested in Ohio market as I have noticed the investment goes a longer way. Do you guys own SFH or multi family homes? Love to chat with you!
Preeti Sampath
replied 15 days ago
Originally posted by @Jaron Walling :Boise, ID
Minneapolis, MN
Las Vegas, NV
Arizona and Texas are blowing up if you want to travel further.
Thanks Jaron! I will explore the properties in these areas!
Preeti Sampath
replied 15 days ago
Originally posted by @Andrew Wehn :I live in Northern California and just bought an investment property (condo) in Scottsdale, AZ. Like Jaron said, AZ is "blowing up." I'm sure the best time to get in was a few years ago but no time like the present. I have a lot of friends and family out there as I grew up there, so I have an advantage but I'm a huge fan of the Phoenix metropolitan area and see a lot of opportunity. I suppose it'll come down at some point but probably not this year nor next - we'll see... I plan to make a lot of buy-and-hold investments in the Scottsdale and North Phoenix area in the next few years.
Yep, I have been hearing Phoenix being brought up in the area. I actually want to do a trip there to check out the area. Do you currently own property in AZ? Thanks for your input.
Remington Lyman
Real Estate Agent from Columbus, OH
replied 15 days ago
Originally posted by @Preeti Sampath :I live in Denver and own properties for rentals here. Lately, since Colorado is the new California, we are now in low supply market where prices are rising fast and anything that is good has huge bidding wars and people paying way more than the property is worth. As an investor, I want to look at other states as the Denver market cools off. Are there any areas that are up and coming that are good for rental investing? Also, love to build some connections of people in other states to learn more about their investing experience. If you're looking at Colorado market, I can help you also with insight into this crazy market. Thank you!!
A lot of out-of-state investors are looking into the Columbus, Ohio market