Should I not invest out of state?

[Colleen Prescott]

I just got a Bigger Pockets email with an article about all the reasons I should not invest out of state. I live in the SF Bay Area and can not afford to buy in state and that article scares the s*^+ out of me. If I don’t invest out of state how do I ever become a REI? Could use some help and advice. I’m feeling a bit discouraged here. I simply cannot afford California yet. Any help is appreciated. I’m going to go have a glass of wine to help calm my nerves. Cheap wine of course because I’m saving for a down payment on a MFP!! 😜 By cheap I don’t mean cheap because I love wine too much to drink the bad stuff!

[Michael Strachan]

@Colleen Prescott I'm also in the Bay Area and I can definitely understand wanting to invest out of state, that's a popular option among investors near us. I would recommend checking out David Greene's book "Long Distance Real Estate Investing". It gives you the tools to feel comfortable investing out of state. And if you need a realtor recommendation out of state, feel free to message me! I've got a large network of realtors I could refer you to. Good luck and happy investing!