I love Cali but.....

[Mark Cotter]

Hi all, I am not new to investing but I am new to RE investing. The majority of my money is in Stocks and I'm looking to move some of my funds over to RE. I'm not looking to get rich or replace a W2, but I am looking to build a portfolio of properties that will eventually add to my income streams in retirement. The challenge for me is that I live in San Diego CA and the market is expensive and I compete with owner-occupiers who will pay top dollar. Buying a run-down property and fixing it is difficult because building costs here have become ridiculous. I am slowly coming to the realization that maybe Cali isn’t the best place to invest ( I love the joint). I have seen places like Cleveland and Columbus get mentioned on the forums as a good place to invest but I’m open to other ideas. I want to start slow and build from there. Any help would be much appreciated.

[Jay Hinrichs]

there are semi rural areas of CA that prices points are manageable.. and I like Vegas a lot.