New Investor: Looking Out of State

[Cody Wagner]

Hi All!

I am a new investor based in Southern CA but like most can't afford to buy my own home here. I have been reading and researching the best ways to get some deals under my belt but have a hard time knowing where to start. I am interested in flipping houses to start building my equity and begin investing using the BRRRR method as time goes on and resources become more plentiful.

Any advice on the best way to get connected with wholesalers, agents, etc. in other states? And how can I know the best states / cities to begin looking in?

Appreciate any thoughts you might have. 

[Joe Funari]

@Cody Wagner I completely agree with with @Brandon Sturgill that selecting your team starts with a really good Realtor. You can search the Network section of BP to find Realtors that are investor friendly in just about every market imaginable. But would recommend you work with a Realtor that is a fellow investor (like myself) too. Their insights, experience with rehabbing rentals and flips, and especially the key contacts you will need from home inspectors, insurance agents, lenders, contractors, etc. is invaluable to you as a new out-of-state investor. In short, don't try to reinvent the wheel. Working with a good realtor is easy part. The hard part is deciding which market to invest in. But I would recommend the Dallas/Ft. Worth area. It's where I invest.