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Updated 10 months ago,
Guidance from Real Estate Experts on Purchasing my First Rental Investment
Dear all,
I am new to real estate rental investment and looking to purchase my first rental property as a source of passive income.
I reside in Santa Rosa, CA and property prices are way too expensive, as such looking in out-of-state areas.
I've honed down to select areas with 1 Year CES Job Change Percentage >2%...
1. Texas: Austin, Dallas, Houston, San Antonio
2. Florida: Orlando, Tampa, Jacksonville
3. North Carolina: Durham & Raleigh
4. Georgia: Atlanta
5. Nevada: Reno & Las Vegas
I need help from folks experienced in the real estate arena in honing down to the top 5 areas & neighborhoods or any other areas you may have insight into. I am looking for positive cash flow with this investment, locations with a propensity to increase in value & friendly landlord laws. Thank you for your insights!!!!