Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago,

User Stats

56
Posts
38
Votes
Henry Murray
  • Investor
  • Redondo Beach, CA
38
Votes |
56
Posts

Where are YOU investing? - Need help with choosing a market

Henry Murray
  • Investor
  • Redondo Beach, CA
Posted

Hi BiggerPockets! 

So I live in Southern California and I've made the decision that my best course of action is to buy out of state where I can get a better rent/price ratio than around Long Beach (or SoCal in general). I recently read David Greene's book "Long Distance Real Estate Investing" and it has a wealth of knowledge, but I've never bought property before and since I'm going to start outside of California I feel like I have too many choices of markets around the US. I'm looking for a relatively cheaper (<100k, or ideally <80k) move in ready or turnkey SFR or duplex in a market with good rent/price ratios and also where jobs are being created & people are moving to but I care more about cash flow than appreciation potential for now.

So my question is: Where are you investing right now?  What sort of rent/price ratio is typical where you're investing?  Are jobs being created and are people moving there? 

And then if you're investing outside of your home market, How did you pick your market? Word of mouth from other investors? US census data by zip code?? Zillow Research Data? 

Any information/tips you can share is much appreciated! 


Loading replies...