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Updated about 11 years ago on . Most recent reply

User Stats

276
Posts
77
Votes
Adam Gerig
  • Investor
  • Fort Wayne, IN
77
Votes |
276
Posts

West Coast Investors where do you buy??

Adam Gerig
  • Investor
  • Fort Wayne, IN
Posted

Out of curiosity where do you West Coasters spend a majority of your investing dollars? We've got probably about 20-25 owners out of California and I know the majority of the reasoning is that they can't buy diddly in Cali for what they can get 10 houses here in Indiana for so I'm just curious to see what other markets you find are successful or are you investing in your back yard??

Most Popular Reply

User Stats

276
Posts
77
Votes
Adam Gerig
  • Investor
  • Fort Wayne, IN
77
Votes |
276
Posts
Adam Gerig
  • Investor
  • Fort Wayne, IN
Replied

@Ed Wood - How do investors justifying buying then in that market?? I would rather take my risks in stocks or a cd than real estate if it was only bringing in 3-5%. Now that being said my houses I own personally are all returning at least double digit returns, but I wouldn't consider buying a property here if it was only going to return 3-5% I'd rather buy a big screen tv :)

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