Where’s the hotbed for real estate investing? Answer: the Quad Cities. Chris delves into buying and renovating luxury properties for the working-class folks. The Quad Cities, where Chris started, boasts very solid fundamentals. There's very consistent, strong returns on these properties. Single family up to four unit properties and the tenant base are pretty stable. It's not a more volatile market, like you're looking at major markets, like New York or Los Angeles.

There's just a really high demand for a good rental product in the Quad Cities right now, considering that a lot of smaller operators don't take good care of the properties they handle. There's not too big of a supply of the more, as Chris would call it, like a luxury product for these working-class folks - and Chris’s team provides just that. Want in on the game before it's too late? Learn how to hold your properties to a high standard so you can lease them up in two weeks!

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On this episode we are doing a market spotlight on the Quad Cities. The Quad Cities is a new market that we are introducing. I'm pretty excited about it actually because it's been tough getting inventory in many of the markets that we're in so we've had to actually research and find new markets to bring on in order to provide the rates of returns that we'd like to get as real estate investors. I just finished doing an interview with our provider out there. It's a great interview that I had with Chris. The thing with Quad Cities is a lot of people don't know much about it or where it's located, but it's an interesting market because it crosses over two states.It’s made up of four cities, has an interesting foundation, and has a lot of leading edge innovation that comes out of that market.

It's highly productive. The people are technically minded, it has an affordable workforce, so it's great for businesses that want to expand or grow there. It's an ideal place for a manufacturing. John Deere is one example of companies that are based out of the Quad Cities market. It is logistical hub. There's a lot of food processing and packaging that goes on there. It is one of the top five defense communities in the country. There's a lot of professional technical services. It actually is a growth region for high tech jobs, which was something that I've found to be interesting, not necessarily surprising. They have a 37 million people in a 300-mile radius, so it is definitely a large market. I refer to it as a tertiary market because that's what it is but given the access to people, places, population and jobs in that area, it's definitely not a small market. That's what we're going to be talking about. I think you might be interested in and excited about this new market. We're going to be getting some inventory here, but we're just in the process of onboarding them right now. Let's get to that interview with Chris.

If you missed our last episode, be sure to listen to Investing in Real Estate from Over 6,000 Miles Away

Enjoy the show!

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Market Spotlight on the Quad Cities
I'd like to welcome Chris to the show. Chris is one of our newest providers in one of an interesting market that we have. It's what we refer to as the Quad Cities and I'm not going to steal any of his thunder. I'm going to let Chris talk about the Quad Cities. Chris, welcome to the show.

Thanks a lot for having me on. I'm excited to be here.

It's great to have you on.