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Updated over 8 years ago,
Out of state Real estate investing
Hi everybody, Im currently in a position to buy my 2nd house. I live in Seattle and will not be able to buy anything here or in the surrounding areas due to the market and high prices.
This leads me down the path of out of state investing. I am wondering what some good places are to start looking for rentals that are out of state and maybe someone who has done it them self's to let me know the ins and outs of it.
Where do you recommend looking for property's?
What are some things I should take into consideration?
How should I move forward now that I know what i want to do?
I'm looking for a single family or Duplex/Triplex that cashflows at a minimum of $500 a month with a purchase price under 100k (more cashflow for Du/Triplex)