All Forum Posts by: Andrew Roberts

It's interesting to see how Jacksonville, FL has gone back and forth in value.

There seems to have been pretty tremendous leaps of improvement in Columbus, Portland, Seattle, and Salt Lake City over the years too.

Albuquerque, NM went from being one of the better markets in 2003 to pretty mediocre in 2016. Yikes.

Hello,

I'm considering investing in the Rental Market outside of my local area. I'm trying to get an idea of what might be some of the better emerging markets around the country. Are there particular markets right now that are in people's crosshairs?

Hi Everyone!

I'm keen on entering into real estate, with a goal of even getting my first rental property this summer, just to get my toes in the water and we'll see how it goes from there. My biggest concern is getting something here on the East Coast or even in my local area (NYC) due to many issues like the cost of high properties or dealing with co-ops. I'm a bit of an opportunist and I feel that investing into an emerging market makes the most sense on paper; I have my sights set on either Raleigh, NC or Austin, TX or Dallas, TX. 

I just wonder if it makes sense for my first property to be someplace away from home? I read that maintenance companies will take upward of 12% of rent to oversee everything but is it a road worth taking?

Right now I have a great job that pays very well, but my contract for my position ends in 3 years, so I'm trying to take all my savings and transfer it into rentals. With that said, I'm also wondering if it makes sense to pay with cash or leverage. Part of me thinks it's smarter to start with leverage on my first properties just so I can get the lay of the land and do the hustle of looking for those discount properties, but the other part of me knows that by paying cash I can probably create a discount by offering less $$ to the seller and then I don't even have to deal with the lender at all and can take all the money. 

Thanks in advance for any opinions