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Updated about 6 years ago,
Looking to Purchase Outside of California. Any advice?
Hello everyone! I just joined BiggerPockets and I am excited to interact with a community of people who don't think I'm crazy for wanting to invest in real estate. I've been told so many times that it's a bad idea and it just doesn't seem that way to me.
I know it's recommended to start in your local area and that's just unrealistic for me. I'm interested in buying single family homes for under 100k outside of California (because it's obviously impossible in CA). If anyone has any advice and could recommend good, safe cities and states to start in that would be amazing! Also, if anyone has experience and is in a similar situation I'd love to hear about your experience as well as get references for great property managers in your area, contractors, realtors, etc. People that hustle, are responsive, and great at what they do!
Maybe I'm crazy in thinking that buying out of state for under 100k and still getting cash flow is possible. If this sounds unrealistic and highly unlikely let me know! I want to get into real estate out of state, I just want to learn from people and get advice first. I look forward to hearing back from yourselves! :)