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All Forum Posts by: Ashley Rodgers

Ashley Rodgers has started 5 posts and replied 19 times.

This is awesome! Thank you.

Narrowing down to Texas or Idaho or Kansas city MO

@John Warren @Bryan Blankenship - Thank you!

I live here in California (Bay area) and to find anything within an hour of my house is impossible. 

Exploring Midwest - trying to find a good team, a real agent who can help me to find similar deals, helps in renting it out & handing over to property manager.

What are the cities where you can get close to 1% rule like where rent is 1% of the property price. Properties should be greater than $100K and not in war zones (like B class neighborhoods).

e.g Purchase Price is $200K - and rent is ~ $1800-2K 

Originally posted by @Evan Parker:
Originally posted by @Ashley Rodgers:

Hi there -

Can anyone please add some insights from Atlanta - Georgia? About the rental investment properties ?

 I can, is there a specific question/set of questions? 

 How is the rental market in Georgia? Cities where you can have a positive cash flow- considering class B properties. Any preferred cities or areas?  

Hi there -

Can anyone please add some insights from Atlanta - Georgia? About the rental investment properties ?

Thank you all for the great insights.

 @Adam Fleck- Please let me know the details of the property manager.

@Don Spafford - Yes, I'm exploring Eastern Idaho & other parts in ID.

@Evan Parker , @Ross Denman- The problem I see or the properties looking good on cash flow in Indiana - is the condition of units. Most of these properties are old and majority are in red zone (high crime rate), being a out of state investor- wanted to stay low on repairs & tenant issues.

As mentioned by you, looking for the right team & right clues :)

Texas was good but the problem is high properties taxes and each year they keep on appraising property value by 10-25% and gobbling any good returns :(

Thanks Matthew.

Can we rent the property for around 1% of the purchase price?  Then depending on the rent ratio - I can decide how much to down. 

I've been told not to decide to pick a rental property- just based on the down payment.

Budget is 200K -300K.

I'm evaluating on buying 1-2 rental properties (either SFH, Duplex or Triple) planning to hold for long term and looking for some decent positive cash flow.

 After my extensive research, I short listed four state GA, TX, IN & ID.  I was looking for some suggestion or opinion to narrow down my search.  

Which cities from these four I should pick - Atlanta, GA , Fort Worth TX, Indianapolis, IN or 

Boise, Idaho. 

Thanks in advance!