Out of state investing HELP

[Jose Rincon]

Hey community, I currently have one rental but want to expand my portfolio. Anybody willing to help walk me through what a good deal would look like in Ohio? I'm stuck and just keep looking but never pull the trigger due to unknowns. Any help would be appreciated! 

[Alioune Camara]

Quote from @Jose Rincon:

Hey community, I currently have one rental but want to expand my portfolio. Anybody willing to help walk me through what a good deal would look like in Ohio? I'm stuck and just keep looking but never pull the trigger due to unknowns. Any help would be appreciated! 

Hey Jose, getting that first property under your belt is a massive win, but it is completely normal to freeze up when expanding out of state because the numbers on a screen never tell the whole story! As an investor-focused agent out here in Ohio, the honest truth I tell my clients is that our markets are fiercely block-by-block; a property boasting a massive 20% return on a spreadsheet is almost always a D-class headache in real life, where your profits will be instantly devoured by high turnover, evictions, and ancient plumbing. To break through that analysis paralysis, you have to stop trusting random internet listings and lean on a boots-on-the-ground team to guide you toward stable B and C-class neighborhoods where a reliable 8% to 10% Cash-on-Cash return is actually achievable without the drama.