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Updated almost 7 years ago,
Best Plan of Attack for Choosing Location
Hey BP! Quick question for you guys with experience out there :)
What would you guys recommend on how to start looking for my first deal? What is a good plan of attack? I live in CA so I'm looking out of state, and am leaning towards 4-plexes. Before I start learning a specific market and analyzing deals, does it make sense to:
1) choose a location, based on my price max/downpayment choose the type of property, find deals
or 2) choose the type of property, choose my price max/downpayment amount, find a location that has good deals for that type, find deals there
or 3) choose the type of property and my price max/downpayment, find deals wherever, choose the location that has the best deals/cash flow
Cheers,
André