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Updated about 10 years ago, 12/27/2014
Irrational Decision?
Hello everyone,
I'm a teacher by trade and small time investor in San Francisco. I've been looking for my next deal in the bay area, and while there have been some that might meet the 1% rule at best, I can't get my mind off one thing...the weather patterns in the State.
The drought does not look to be getting any better and states all across the southwest are simply unsustainable. I think I may be on to something. Do you think we may witness an exodus to the Pacific northwest in the next decade? Am I being a little hasty?
I'm seriously considering making my next purchase in the Portland area as a happy medium. I know for a small time investor an out of state investment may be too much. I'd love to hear your thoughts about the out of state piece and any general feedback about the Portland area. I've been reading some good things about the Hillsboro area.
Rami