Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

111
Posts
33
Votes
Johnathan Alesso
  • Investor
  • San Diego, CA
33
Votes |
111
Posts

Western real estate markets

Johnathan Alesso
  • Investor
  • San Diego, CA
Posted

Greetings fellow investors,

My partner and I own all of our properties in Pennsylvania, yet we live in California.  The price of housing is exponentially higher in Southern California compared to western PA.  We currently rent in CA, but want to buy a place so that we begin to pay down principal, accrue tax benefits, and lock in a monthly housing payment in a rising rental market.  The San Diego market is too expensive for us to buy a duplex, so we are considering a single condo. 

But that's not ideal from an investment standpoint since we want to be financially free in a few years.  We are open to buying a place in another market in the western third of the country (Denver and points west) and renting that property out for our future habitation during retirement.  A duplex in another western city would be ideal. 

Do any of you have recommendations on medium-to-large western cities that have reasonable prices with cash flow (however minimal) potential?  I know that Salt Lake City is reasonably priced, as is Tucson and Phoenix.  I'm eager for your thoughts!

Loading replies...