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Updated over 3 years ago,
Fist time real estate investor!
Hi,
I am just getting started in the real estate investments for diversification and for my FIRE goals! I am currently in california, and i want to buy cheaper rental properties in places like Ohio, Virginia,Texas, Vegas...etc.. I want to start with 1property, and i will be dependent on property manager to manage everything as i will be out of state.
What recommendations do you guys have in terms of deciding the final zipcode for my 1st rental investment ?
My goal is to find something less that 150k and aim to get atleast 1% in monthly rents.
Appreciate your help!