r/BiggerPockets

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Cleveland investors, how long did it take you to fill your vacant rental units? Our pm has had our listings up for 3-4 months now and hasn’t been able to fill them. Houses are well kept, are in rent ready shape and on par to others listed in area. Advertised rent is also on par to market. Thanks!

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u/OkArtichoke5098 — 3 days ago
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Hi everyone, I’m 22 and looking to get started in US real estate. I have about $250k in cash ready to go. I'm not from the US (I’m Canadian), so I can basically pick any city to start in.

My goal isn't necessarily to live off the rent right now. I just want to buy a house that needs work, fix it up, and then get a mortgage to get my cash back so I can go buy the next one. I want to do this for the next 40 years.

  1. What city or state would you pick right now? (Looking for a mix of "cheap enough" to buy but "strong enough" to grow).
  2. Is it better to buy one nice house or two cheap "war zone" houses?
  3. What is the biggest mistake people make when trying to do this from another country?
  4. Are there any specific lenders or "types" of loans I should be looking for?

I'm a total beginner at this and just starting my research. Where should I go?

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u/Puzzled-Sweet164 — 14 days ago