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Updated over 5 years ago,

User Stats

10
Posts
5
Votes
Vincent B.
  • Rental Property Investor
  • Los Angeles, CA
5
Votes |
10
Posts

Is it a good idea to buy my first property out of state ?

Vincent B.
  • Rental Property Investor
  • Los Angeles, CA
Posted
Hi all, I'm new to real estate and I'm looking to buy my first investment property. I've been researching and learning about buying out of state property focusing mostly on duplexes and triplex's 50,000$ and under. I've been looking at places in the mid west. Would investing out of state be a good idea for my first purchase? Believe me I would love to invest in my own city but it's too expensive. I figured if I start out of state with cheaper properties once I gain enough income I could lean towards bringing my business back to California . Any tips or advice would be much appreciated .

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