Hello @Isaura Orellana , I messaged you.

@Anthony Holloway I'd love to learn more about what you're finding. I'm definitely aiming toward Texas but this thread has made me stop to consider San Antonio in addition to Dallas. Let me know if you'd like to connect. 

@Anthony Holloway Birmingham, AL and the surrounding metro area has some great cash flowing properties. So many of my clients are out of state investors.

In addition to Birmingham, I have seen folks mention they have had luck in some other southern cities like Memphis and Montgomery.

@Anthony Holloway Hey Anthony just adding my two cents here as far as Atlanta goes I recommend College Park, East Point, Hapeville, South Fulton(newly incorporated city may not show up on most searches) and parts of Riverdale

I completely agree with @John Street - Birmingham is a great area with opportunity. Likewise, with Tuscaloosa and Huntsville. These areas have great economical factors that make them prime areas for rental investments.

@Anthony Holloway   Cleveland STILL after 10 years or so the best overall , and I know them all.  10 14% net caps are to be had, 

Good Luck 

@Carlos Ptriawan how is the remote investing going for you? Trying Toto talk myself into it.

remote investing is good, better than local. I only choose a clean property though, not easy to find. A good market is easy to find. A good investment is not.

@Anthony Holloway

CT can be good

Fantastic @Anthony Holloway . Best of luck on your journey. 

Hi @Firen Forrest . I think DFW is a fine market to invest in as well, but it has been for a while now and it is just getting hotter. With the recent increase in people who are moving to Texas, the other markets are experiencing an unusual increase. 

What moved you to San Fran?

@Marlen Weber That makes sense about DFW.

I just always had an idea that San Francisco was a beautiful city and I wanted to live here. So I took the plunge about 7 years ago. I've been really happy here, but it is certainly way out of my budget at this point for real estate investing!

Originally posted by @Anthony Holloway :

Hi Everyone!

I’m looking to invest in my first rental property this year. I wanted to know what places are the best to invest, to buy a 2 unit property not exceeding $400,000. Any specific states, counties and cities recommendations will be a lot of help!

Define “best”.

To obtain a good response, ask a specific, detailed question. Otherwise, you will not getting a useful answer.

FYI: REI is a solo sport and very specific to each investors goals, which will differ.

Originally posted by @Firen Forrest :

@Anthony Holloway I'd love to learn more about what you're finding. I'm definitely aiming toward Texas but this thread has made me stop to consider San Antonio in addition to Dallas. Let me know if you'd like to connect. 

If you’re thinking of investing in Texas, you’re about 11 years late to the party.

Avoid all 4 major cities. You’re very unlikely to cash flow.  Instead target secondary markets outside of these major cities where you can’t locate properties meeting your specific investment criteria.

FYI: unless you got some special knowledge, skill, or source of low priced deals, in San Francisco you certainly won’t cash flow, at least for the first 5 years.

Originally posted by @Carlos Ptriawan :

remote investing is good, better than local. I only choose a clean property though, not easy to find. A good market is easy to find. A good investment is not.

Neither is necessarily “easy” to find.  Market research... deal sourcing.  And deals aren’t found, they’re made/negotiated. 

Both require specialized knowledge, lots of work, and experience to do it properly.

@Anthony Holloway I recommend reviewing where people are moving to and which markets are in expansion. Lucky for you, these reports just came out via the UHUAL Migration Trends for 2020 and the IRR Research 2021 Multifamily viewpoint report.

Top 5 Migration Growth States

1. Tennesse
2. Texas
3. Florida
4. Ohio
5. Arizona

Markets in Expansion as per IRR.com

1. Atlanta, GA
   Baltimore, MD
   Cincinnati, OH
   Columbia, SC
   Dallas, TX
   Fort Worth, TX
   Greensboro, NC
   Greenville, SC
   Hartford, CT
   Jacksonville, FL
   Las Vegas, NV
   Minneapolis, MN
   Oklahoma City, OK
   Providence, RI
   Raleigh, NC
   Sacramento, CA
   San Diego, CA

Now find the common ground and that's a good starting market based on data. Sometimes good to match the data with the advice. Happy Investing!

@Samara Huntley @David Haynes   

Thanks both for your reply. Will reach out to you if I have further questions. 

@Rick Bolivar I’m investing in the Lakeland Area -looking for larger apt complexes (1.5-3m) if you want ti connect

@Samary Agosto what part?