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All Forum Posts by: Lee Ripma

Lee Ripma has started 13 posts and replied 2029 times.

Post: How to narrow down locations?

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

Checkout zipfinder on vestmap, slider bars by zip code for criteria you care about! 

Post: Real Estate Investing Software: A Directory

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359
Quote from @Brad Erpelding:

@Lee Ripma I ran across Vestmap and was wondering how you like it. Is it helpful and worth the price?

I guess it depends on what you are trying to do. I use it to vet locations in 30 seconds, if I would buy a location I underwrite the deal. So for me it’s a huge time saver! 

Post: Looking to invest out of California!

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

I was in your boat 5 years ago, CA is great for a lot of things, but not rental property. Checkout growing affordable markets in the Midwest and southeast. VestMap.com has a lot of good resources. 

Post: TRULIA CRIME MAP REPLACEMENT

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

Checkout DISCERN reposts on Vestmap.com. They have crime and I find it far better than neighborhood scout. 

Post: Market research for multi-family apartments

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

I pay for a lot of different subscriptions, including costar. I actually use the zip finder feature on vestmap.com a lot more and it’s more affordable than costar. 

As others have pointed out there is no magic location, but I narrow down by zip codes. 

Post: How to find trends and projections Population Job

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

Vestmap.com has exactly what you’re looking for. It’s paid, but it’s well worth it. I use my subscription daily to get granular locating insights. I even pay for costar and use vestmap.com more. 

Post: Starting in the RE journey and looking for a good market.

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

Checkout the resources at Vestmap.com. Far superior to city data. Growing affordable pockets within many MSAs will work. Focus on submarkets not MSAs 

Post: Interested in investing in Texas..

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

@Ian K.

I also invest in the Midwest. It’s hard to ignore the growth of Texas. I would like to get into the San Antonio market. The challenge I am having on the numbers are the very high property taxes. They are 3x what I am used to in the Midwest. Just another metric to be aware of besides price to rent ratios! 

Post: How to narrow down specific investment areas

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

Vestmap.com has a tool called zipfinder that does exactly this. You can filter by all zip codes in the US against your investing criteria. Paid, but well worth it. 

Post: 3 Bedroom + Loft STR in ski town

Lee Ripma
Posted
  • Rental Property Investor
  • Prairie Village, KS
  • Posts 2,094
  • Votes 2,359

I just sold my condo in mammoth. Loved having a place there!