All Forum Posts by: Lupe Rodriguez

Is this still a thing?

Thanks for that! What sorts of jobs are being brought to the city? Are any major companies taking the leap?

Also, let's not change this thread into a political debate on the morality of the tax foreclosures in Detroit. We're barely sticking to the topic (this is a state thread and we're talking cities, not that I mind).

Detroit is the proverbial black sheep and shorthand for warzone. I also see you sell turnkeys, which makes me think of the fable of the Three Tradesmen, but I'll bite and ask why buy there? Also, how do you feel about the tax foreclosures that so many people seem to be capitalizing on?

Thanks to everyone! Some of the reasons why have been awesome If anyone wants to talk more about their area, maybe wants to give their RE agent a little more business, shoot me a message.

+1 for cleaning out the air ducts. Smoke smells hide anywhere there’s air. I had a similar issue with my car when I bough it (the smoke smell is what put it in my price range). I had to blow out my vents with a leaf blower. I’d scrub them out if I had the right brush.

So I'm starting out and looking to go across state lines for rentals and/or flips in just over 11 months. I'm learning all I can and trying to narrow down to a few cities for different reasons. I have a list of states I'd like to narrow down first. Generally speaking, I'd like to have my buy and hold in places where the weather is kinder to properties (less snow/freezing and fewer hurricanes, I'll take my chances with tornados and floods). 

Which three would you buy and hold in, which three would you flip in, and why? 

OR 

Which three would you NEVER buy and hold in, and which three would you NEVER flip in and why? 

Which states are just gaining traction and have recently rebounding economies? Which ones are fairly stable and look like they will be for a long time?

States in rough order of personal preference, TX is definitely #1.

Thanks!

PS I live in the San Franciso Bay Area. If I'm not doing this locally, I'm not doing this in-state. 

Texas

Georgia

Nevada

South Carolina

North Carolina

Florida

Louisiana

Tennessee

Washing­ton

Arizona

Virginia

Oregon

Arkansas

Alabama

Mississippi

Missouri

New Mexico

Indiana

Minnesota

Utah

Hello! I'm new and looking for my first out of state city to invest in. I was listening to someone on Youtube talk about their favorite investment rental, and they mentioned that they heard a Walmart was moving in up the road, which was a big factor in them buying. Companies put lots of money into researching where to build, then the info often finds its way to the internet for free. I've been looking at where companies are building to help with my search. Whenever anyone mentions something moving into an area, my ears perk up. Also, I like the idea of places where the weather won't beat up on a place, so I'm favoring warmer latitudes (minus CA). 

Hello Gordon and congrats! Also, your thread is EXACTLY what I've been looking for! Thanks for that! I'm in Santa Rosa. Maybe we can get a group of Bay area out of state investors together in the city and chat! Message me if you want/need help organizing. 

Welcome! I'm new too and have thought about this a bit. I'm considering house hacking with a PM company and just saying that I'm just a new tenant. I'm going to build in the cost of a PM because when I move out I already want a system in place. I like to think I'd be training my tenants AND PM at the same time! How's Atlanta looking? I'm in CA and want to go out of state.