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Updated almost 10 years ago on . Most recent reply

User Stats

22
Posts
1
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Colleen Pelliccia lavin
  • Rental Property Investor
  • Pasadena, CA
1
Votes |
22
Posts

Deciding on an area to invest in...How do you do it? :)

Colleen Pelliccia lavin
  • Rental Property Investor
  • Pasadena, CA
Posted

I live in Los Angeles and feel like I don't know where to find good investment properties (I'm interested in buy and hold).  I've used the rental property calculator, but not sure where to look.  How do you even decide? Just keep running the numbers? Areas I know well are Portland, Oregon, San Diego and Pasadena - pretty much all places that are very expensive...

Sorry this is such a basic question... Thanks!

Most Popular Reply

User Stats

386
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218
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Nick Patterson
  • Real Estate Agent
  • Chicago, IL
218
Votes |
386
Posts
Nick Patterson
  • Real Estate Agent
  • Chicago, IL
Replied

I would recommend reading The One Thing by Gary Keller

There is money to be made everywhere in this country.  Your job is to pick one area and focus on it with everything you have.

My tip:  No more than 5-10 miles from your home.

Good luck!

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