All Forum Posts by: Issac Chang

@Kiera Underwood I'm still exploring markets. I've been looking in PA since it's right next to NJ/NY but the midwest seems more attractive price-wise. It seems to me that many areas in the midwest are developing quite well. 

@Dave Poeppelmeier I've definitely heard great things about Ohio and its market! If you don't mind me asking, how is the neighbourhood in Toledo, OH?  

@Whitney Hutten I've realized that many investors that have some experience in doing BRRRR emphasize the importance of building the right team. As a new investor who's not too familiar with real estate, this is probably the most challenging part as you've said. Thanks for the insight Whitney and I'll definitely PM you if I have any questions.

Thanks for the great advice Daniel. You are absolutely right. The property tax definitely plays a huge part in making rental properties more difficult to generate cash flow. I guess as you've said, I need to do more groundwork before jumping in as a new investor.  

Hey guys! I've recently got into real estate investing and would like to get some more advice. I'm 25 years old and currently living in North Jersey. My main interest is in brrrr strategy and creating cash flow. The problem is that the market here is too expensive and it's almost impossible to make positive cash flow on rental properties. Thus I've looked into several properties in other states and they seem more affordable. Is it too risky to get into out-of-state RE as a new investor? If anyone can help me with advice, I would really appreciate it.