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Updated 9 months ago, 04/04/2024

User Stats

2
Posts
11
Votes
Andy Wu
11
Votes |
2
Posts

Wanting to invest out of state as it is cheaper and more value

Andy Wu
Posted

Hi everyone! I'm Andy, I'm orignally from California but moved out to Texas. I've been watching a bunch of BP episodes and doing a bunch of research. I'm a newbie but I'm a fast learner and I believe I'm a pretty competent person in general. I see on podcasts other people doing it as a newbie and have made it to the big league. I want to the out of state investing as it seems like a better place to get started. I realize that it is harder to start out of state but from what I've read/known the process is very similar to doing it in-state. Ideally I'd like to BRRRR. I want to buy a property for around $50-100k, rehab it for maybe another maybe 30-50k and rent it out. The cash flow looks great for that amount of money. Excited to get out of analysis paralysis and start taking action. Hopefully I can be like some of you one day. If there are any local investors out there I'd love to connect!

Bests, Andy

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