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Updated about 4 years ago,
15,000 saved.... What would you do?????
Hello guys,
I'm having a hard time deciding if I should invest in an expensive LA market or look towards out of state as a first time investor. After some research, I'm considering markets that are #1 Landlord friendly and #2 would only cost me no more than 200.00 bucks round trip when flying in. Wyoming and Idaho are two markets that meet this criteria, however I'm also considering Colorado and Nevada although they're tenant friendly markets. My #1 goal right now is to generate a good amount of cash flow and to sit on properties as they appreciate over time. I have about 15,000 saved and would love to hear your advice or scenario's on what you would do under the current situation.
Thank you all in advance for your time!!