How to JV in out of state investments

[Ryan J. Shope]

Hi everyone,

I'm a newbie looking to invest in multi-family and single family homes for cash flow.  I moved from Charleston, South Carolina to San Diego, California a couple years ago for work and would really like to build my portfolio in my home town since the market is booming right now and it seems nearly impossible to a newbie to break into the San Diego market.  

Since I'm young (24) and don't have much capital/experience under my belt to work with, I was wondering if any of you had ideas on ways to network/get started in out of state markets.  My background is finance and I'm not afraid of diving into research/analysis, but I'm not sure if that's enough to convince other investors/partners to joint venture with me.

Any advice would be greatly appreciated!

Thanks,

Ryan

[Troy Gandee]

@Ryan J. Shope If you were able to travel, I'd try to attend some networking events here to find the right people that have similar investing intentions. Otherwise, I'd just scrape BP and Google for other investors that you think you'd mesh with in that market. It definitely wouldn't hurt to just shoot a PM to an active member in a market you like and explain your intentions. They may be interested themselves or they'd tell you who to c