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Updated over 6 years ago on . Most recent reply

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How would you invest 250k? 500k?

Will Lobban-Bean
Posted
I own two duplex properties in Los Angeles, but am looking to get into other markets with lower housing prices but strong rents. I’d like to buy and hold. Anybody have suggestions of good markets and also any advice for owning real estate in other states? My biggest concern is not being within driving distance to a property and not being able to take care of problems if I need to be there. Thanks!

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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
2,359
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Lee Ripma
  • Rental Property Investor
  • Prairie Village, KS
Replied

@Will Lobban-Bean

You'll find lots of books and topics on this site if you search both the forums and the blog. Having people on the ground that you trust and having good PM are some big ones. Also choosing a good market with JOBS, population growth, and demand for rental units. I live in CA and I invest in Kansas City. If you search my posts you'll find a bunch of information on how I do it. 

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