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Updated over 2 years ago,
Starting points in investing out of state for high income
Hi all, I am interested in getting started in real estate investing and pretty overwhelmed after reading a lot and doing a lot of the basics over the past 6 months. I am a physician so looking for more hands off investing, and my wife and I are considered fairly high income so luckily we can build relatively quickly for investing. We have a primary residence that has appreciated approximately $300k in a HCOL city, and it is a terrible market in terms of investing due to popularity. We are looking out of state, particularly into the midwest with places like Ohio and Indiana. More interested in multi-family rather than single family homes, but not sure what a good entry point is. Interested in connecting with anyone that may have good suggestions and ways of getting started. Finding local real estate agents and teams? Turnkey properties? Benefit to cashing out equity in our current house for more leverage? Any direction is greatly appreciated.