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Updated about 7 years ago,
Purchasing out of state
Hi BP fam!
My name is Ash, I currently live in LA and I am finally ready to invest! However, the LA market has passed me by. It's way too expensive out here so I am considering buying income property in another state, specifically Atlanta, GA because I have friends and family there. I would like to buy a duplex for the purpose of cash flow. I have gotten pre-qualified for California but not out of state.
Any tips or advice for a first-time investor investing out of state? I know Atlanta is booming right now, but does anyone see a crash coming anytime soon?
Also, any recommendations for a good agent or broker in Atlanta? Preferably someone who owns investment property in Atlanta as well.
Thanks!!