Ellie Perlman

Hi Garrett, I'd still stay in the big cities and southern belt. I know its tempting to chase higher yields in the secondary and tertiary markets but we like the job growth, industry breadth and especially cities w/unique logistics / supply chain epicenters like Dallas and Atlanta. My top markets would be: 1) DFW and Atlanta - uniquely positioned for the Amazonization of the supply chain across industries. 2) San Antonio  - highest population growth rate in the U.S. for size MSA last year.

@Ben Haridim In many areas retail is way overbuilt. Many retail centers need substantial upgrades to attract tenants and in many cases the obtainable rental income doesn’t justify the investment. The main reason for obsolescence of retail properties are 1. Continuing increase in online sales especially with Amazon Prime next day delivery 2. Continuing shift from independent retailers to big box stores 3.

Originally posted by @Ben Haridim: Hey bp, no ********t, my dad is willing to lend me up to 350k cash to help me start my career as a real estate entrepenuer. I personally am interested in starting out as house flipper to build up personal capital. However statistically, I live in the top ten worst cities to flip homes (Los Angeles).My question is, I would love to know where the Bp professionals believe my 350k can go the furthest in a three to four year span.