All Forum Posts by: Anthony L Amos Jr

My wife and I are renting out the basement of some close relatives in San Jose, CA. We're comfortable and are in no rush to leave. We both have good jobs in the south bay. I also grew up in this area and most of my family still lives here, so we would like to stay in or around San Jose... We also want to start investing in real estate, and the bay area isn't exactly a friendly market for people in their mid-twenties just getting started.

We've done some research, and the best strategy seems to be long distance long term rental properties. I like the idea of small multi-family and would like to use the BRRRR method if possible (might be difficult from another state though).

That said, what are the best markets to consider? We're looking for the best combination of job growth, population growth, vacancy rates, equity forecasts, rent prices, multi-family home prices, weather, and tax burdens. Please let me know what other factors I ought to take into account!

Some spots I've been considering so far: 

Florida - Jacksonville / Orlando

Tennessee - Nashville

Texas - Austin / Dallas / San Antonio

Alabama - Birmingham?

Missouri - Kansas City / St. Louis

North Carolina - Raleigh / Charlotte

Utah - Salt Lake City / Provo

Arizona - Phoenix

Getting into real estate very recent, looking for multiunit or single family houses. 

Hello,

I am newbie and looking to get my first investment property. I have tried to look for one but don't have much success. Can somebody point me to areas to check out ? 

Thanks,

Any advice on buying out of state. I am a new investor but our family was thinking of buying our parents a house in Florida for retirement. the thing is we don't live there at all and its tricky since its out of state, however we already have an idea of the area in Florida we are looking to buy.

what would be the starting process to getting a home out of state? do I have to find an agent out there? I already have my pre-approval ready. 

I will be graduating from college in June with no debt. I have around 60k saved up and have a job lined up. I have a couple questions.

Will I be able to get a mortgage?

Should I invest locally or oos? (located in Seattle)

If oos, what markets should i be looking at?

Hi!

I'm looking for other people's thoughts on what they think would be a better ROI for me.

Background:

- 22 years old

- living in San Diego (CA)

- have $53,000 in savings 

Option 1: House hack, buy a 3-bedroom condo, rent it out by the room, put 3.5% down (about $17,000 for a 440k property)

- in this option, I pretty much break even in cash flow - no huge profit or loss each month (this is what I'm planning on right now)

Option 2: flip mobile homes (~100k each, flip in about 2 months, and sell hopefully for ~200k)

Option 3: wait until I have more money to buy a house in San Diego and do airbnb arbitrage 

Option 4: Invest in an airbnb long distance where I can afford to put 20% down 

Option 5: any other recommendations?? Please let me know you're thoughts :) 

Hi Investors, Brokers, and Realtors:

What do you recommend to a California investor that wants to invest in Ohio for Cash Flow? I know the appreciation is not the greatest but cash flow is great. I have heard good things about both. My criteria is pretty much cash flow, landlord friendly, I want multi-family over SFR, Section 8 tenants mostly.

Thanks!

Hello!

I have been tasked with picking new markets to take our flipping/wholesale business to and was wondering what parts of the country investors are having the most success finding good deals in? We're currently in a handful of states on the east coast (Virginia, Maryland, DC, Pennsylvania) and prefer to branch out from there, but are open to suggestions.

I've liked the data I'm reviewing in the southeast but my fear is so does everyone else and those markets will quickly become saturated.

Thanks in advance Bigger Pockets community!

Best,

Keith
 

My wife and I are renting out the basement of some close relatives in San Jose, CA. We're comfortable and are in no rush to leave. We both have good jobs in the south bay. I also grew up in this area and most of my family still lives here, so we would like to stay in or around San Jose... We also want to start investing in real estate, and the bay area isn't exactly a friendly market for people in their mid-twenties just getting started.

We've done some research, and the best strategy seems to be long distance long term rental properties. I like the idea of small multi-family and would like to use the BRRRR method if possible (might be difficult from another state though).

That said, what are the best markets to consider? We're looking for the best combination of job growth, population growth, vacancy rates, equity forecasts, rent prices, multi-family home prices, weather, and tax burdens. Please let me know what other factors I ought to take into account!

Some spots I've been considering so far:

Florida - Jacksonville / Orlando

Tennessee - Nashville

Texas - Austin / Dallas / San Antonio

Alabama - Birmingham?

Missouri - Kansas City / St. Louis

North Carolina - Raleigh / Charlotte

Utah - Salt Lake City / Provo

Arizona - Phoenix