Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Please log in or sign up for a free account to continue.
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 6 years ago on . Most recent reply

User Stats

16
Posts
5
Votes
Spencer Wardwell
  • Los Angeles, CA
5
Votes |
16
Posts

Where to invest out of state?

Spencer Wardwell
  • Los Angeles, CA
Posted
I have $50K set aside to invest in real estate. As I live in LA, I'm looking to be a remote investor, looking at more affordable markets. I'm only interested in buy-and-hold properties for rental income (and appreciation, of course). I'm thinking the move might be to get two properties, around $125K each, and put 20% down on both properties, instead of just one. Looking for suggestions as to the markets I should be looking into, thoughts on turn-key investing, and any other advice you might have! Thank!

Most Popular Reply

User Stats

129
Posts
67
Votes
Com M.
  • Rental Property Investor
  • Murrieta, CA
67
Votes |
129
Posts
Com M.
  • Rental Property Investor
  • Murrieta, CA
Replied

I purchased a duplex in Indianapolis for 90k that already had both sides rented for $1250.  Not a killer deal, but you can wrap it up for $25k down and do 2 of them.  Two to start, a great kickstart to a cashflow portfolio. 

Loading replies...