All Forum Posts by: Saurabh Verma

I'm interested in buying cash flowing rentals and wanted to start with SFHs or a cheaper multifam. I'm based out of NYC and this is basically impossible in nyc area. I wanted to start close to home first so I can learn the process in case there are issues and I need to visit.

1) What areas would you recommend close to NYC that would be a decent place to look for a starter rental? $100-200k range and cashflowing. Hoping to avoid bad neighborhoods.

2) I'm reluctant to start in NY bc of the moratorium on evictions and potentially getting into a bad situation from the beginning. Are NJ, CT, or PA better in terms of tenant management and more landlord friendly?

Where should I start looking?

Thanks!

1 Vote

Originally posted by @Zeke Liston:

You start off by finding a good realtor, they should be able to connect you with the rest of the team @Saurabh Verma. What markets are you looking in?

I am just starting out and looking to move to Miami (I am from nyc and work remotely). I'm hoping to find properties locally near miami but I plan to use property management so I'm open to remote areas. Are there specific states that are better for remote investing?

edit* Keeping the focus on the OPs question, what tools do you recommend?

1 Vote

Originally posted by @Remington Lyman:

Originally posted by @Zachary McDonough:

Hello RE Investors,

While I am actively searching for properties within my market, I have been spending time developing my systems and processes with the perspective of venturing into out of state investing. I have began creating my criteria for potential markets based on schools, jobs, population, crime, etc. However, I am looking for different ways to verify my data via technology. What sites or tools are you using to find data on potential markets?

P.S. I know that BP Insights has some of this too, Please recommend what parts you've had the most success with!

Thanks everyone!

It does not matter where you start as long as you develop your Core 4. The core 4 is David Greene’s strategy for long-distance and made up of a realtor, contractor, property manager, and lender. Once you have this team in place, you should be able to confidently invest in any market.

I know a lot of OOS investors that have started here in Columbus, Ohio

How do you go about finding a team long distance?

1 Vote

All Forum Posts by: Saurabh Verma

Saurabh Verma has started 1 posts and replied 3 times.

Post: Best starting area for North east noob during covid?

Post: Establishing out of state markets

Post: Establishing out of state markets