New to real estate investment
Hi Folks,
I've been an avid listener of the podcast and looking to getting into investment properties this year. As someone who is new to investment, I had a couple of questions to the community:
- Which location do I pick for investment properties that would follow the 1% rule? I'm from a HCOL area(SF), so it is almost impossible to invest locally.
- I have a decent amount of equity saved up and own a primary home. I'd prefer to put a downpayment than do all cash. Is it feasible to be cash positive considering the high interest rates?
Looking to learn and get insights from the folks here. Thank you!
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#1 Questions About BiggerPockets & Official Site Announcements Contributor
- Real Estate Agent
- Columbus & Cleveland, OH
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#1 Questions About BiggerPockets & Official Site Announcements Contributor
- Real Estate Agent
- Columbus & Cleveland, OH
There are some great 1% rule deals in Columbus, Ohio. The market is on an excellent growth trend as well. It is now being forecasted as one of the fastest growing markets in the U.S. and prices are still relatively low. It is definitely a market worth looking into!
- Samuel Diouf
- [email protected]
- (614) 662-1652
