All Forum Posts by: Aristotle Kumpis

It depends on what you are looking for. If you are seeking cash flow, a linear market is usually the best. But if you want faster appreciation, look at markets that have lots of job and population growth. You need to have a good property management in place too. I live in SoCal and have several properties in the midwest and south. 

We work with a great cost seg company. They only charge $2500 for a full study. And $900 for a Rapid study, if you have all the detailed information.

It's good timing because DSCR pricing is actually lower than conventional right now. I have a great lender that can help if needed.

This is a subjective question, and everyone will have a different answer to the same area. But overall, classifications are separated by income, schools, and other places of business in the community. Just know that A class areas tend to have very high income earners, and D does not. A areas are better for appreciation, but are horrible for cash flow. I would not recommend to invest in a D area. C areas are lower price point homes and better for cash flow, but usually not much appreciation. And B is kind of in between.

You usually do not find laundry mats, check cashing places, or liquor stores in an A or even B area. I usually see those in C and D areas. And I never saw a Whole Foods or Traders Joe's in a D area.

If you are searching for turnkey properties that have a 1% or better Rent to Value ratio, look no further. South Bend has a population just over 100,000. And we have turnkey, fully renovated homes in the $140K price range. Lots of upgrades to these homes. And they rent for 1% of the purchase price. Send me a message if you want to see some examples. Thanks.

You already covered this, but I would avoid investing here in CA because of the terrible landlord laws. Not to mention how expensive it is to get into. I have an investor who didn't take my recommendation of investing out of state like I do. Ended up buying a home in Ontario and had to evict the tenant after 6 months. It took him 7 months to get the tenant out. It cost him over $30,000 in lost rents and fees.

If you want that similar appreciation high that all California investors love, you should consider the sunbelt areas. They have a much lower cost of entry and far better landlord laws. That's my two cents.

Hey Brian. I think you should post this in the General forum. This is the classified forum where people post looking to buy and sell etc. Or you can also browse the forums under the real estate strategies section for more specific information.

Hey Maurice. All three of these markets are great, so you can't go wrong investing in any of them. All three offer diverse economy's. We have a builder in Charlotte that constructs multi family and the numbers are pretty good. I'm not sure what the other markets look like when it comes to new construction.

Hi Alexandria. We don't have the page setup yet for registration and information. But we should have it up in the next 30 days. It's usually about $150 for the tour per person. It's all day Saturday November 2nd. And we take a bus and see several properties with the builder. 

They offer new construction. 2-4 units all over San Antonio. $515K-$1.1M depending on what you are looking for. They offer 4.25% interest rate on a 10/6 ARM. 100% paid by the seller. They also pay for title fees.