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Updated over 12 years ago, 04/08/2012

User Stats

37
Posts
4
Votes
Nicholas Morris
  • Homeowner
  • Beaumont, CA
4
Votes |
37
Posts

Out of state investing feasibility?

Nicholas Morris
  • Homeowner
  • Beaumont, CA
Posted

I live in california but want to invest for cash flow, not appreciation. I've done some research on prices in some of the areas people talk about on here where monthly gross rent multipliers are as low 30-50. Is this even feasible when youre not in the area and you are starting out with less then 50k to invest?

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