choosing a market to invest in- please help!
Hi fellow BP community,
I recently got excited of @Brandon Turneridea from his book "Seven Years to Seven Figure Wealth." and for those of you that don't know, the concept of the book is be able to buy more houses just from the free cash flow of your prior rentals. My question now is which state to start looking for an investment matching this criteria? living here in NY there isn't anything to buy everything seems overpriced
thank you,
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I work for a property management company in Indianapolis most of my clients are out of state and out of the country. The prices are reasonable, the economy is stable, and landlord-tenant laws protect the landlords position well.
Many of the investors that I have that are in several markets are in the Midwest as a whole (probably for similar reasons.) The most important thing is to build a team in that market who you can trust. I would highly recommend contacting various wholesalers, investors, and property management companies in the area. Take a few days to visit and interview them. Ask for referrals and start putting the pieces together that you are most comfortable with.