All Forum Posts by: Aristotle Kumpis

Midwest would be my suggestion. There are even brand new construction homes where builders are buying the interest rates down to 4-5%, which is very attractive. They won't hit your 1% rule, but nothing rarely does unless its in a bad area.

I guess most people think that an off market property is going to be a better deal. But that's not the case all the time. I have purchased several market priced buy and holds and I think they have been just fine. It also depends on what you are trying to do, fix and flip, buy and hold, etc.

I'd love to give you my feedback. I meet your qualifications. I will book a time with you.

Hi Dwaine. Do you personally own these, or just selling on behalf of the owner?

I have a relationship with a good company that specializes in Cincinnati and Dayton. They offer properties and property management. I think they have about 60 people that work in the management office, and they manage close to 2,000 doors. They really know the market there.

For long term growth, you need to consider where the jobs are growing and going. The 1% rule means nothing without solid jobs and a good local economy. Sure, you can buy cheap houses that have a 1% rent to value ratio in places where there is not much growth. But then again, you do make your money in appreciation. Not in cash flow.

Hey Lenny. I have a few that I can refer to you. They are based in CA as well.

I'm have been a client of Anderson for 5 years now. They are great to work with. I have no bad experiences with them. They have a large team of people to help with everything when it comes to entity formation and tax stuff. I am happy to put you in touch directly with my business advisor there if you want.

You most likely will not be able to finance. Most countries do not have a way that a U.S. citizen can finance. Why not just find a STR in United States? There are plenty of good areas, and you can put 20% down.