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Updated over 1 year ago,
Investing out of state.... so many options!
Hi All,
long-time lurker on Bigger pockets, but a first-time poster.
I am beginning my real estate investment journey and know that I want to invest in a property out of state (I currently live in Seattle, WA). I would like to find a property in the 200k or less range to start. I am thinking of a single-family or small duplex. I am hoping for a CoC of around 10-12%.
I am open to most markets in the US but starting to feel overwhelmed by the multitude of options. I am having trouble narrowing my search down to one market.
I am curious how you out-of-state investors narrow down your search criteria? Addtionally, what markets would you recommend to someone like myself?
Thanks in advance for your advice