Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Need help on my first rental, Palmdale, CA vs Out of state.
I'm looking into rental properties (buy&hold) to generate positive cash flow, I'm been looking at properties in Palmdale, CA. Prices are ranging from $230K-$300K For SFR. I've been also browsing at homes in Cleveland, Ohio. Which prices drop dramatically. I never purchased a home before. Im kinda Stuck in this situation. Invest in CA or out of state. I'm concerned on what I should be looking out for when doing so out of state.