San Diego, CA · Member since 2018 · 3 posts · 1 vote
I’m a new BP member and am looking to start investing out-of-state. I have about 100K saved up and ready to go. I live in Southern California where that might stretch to 1 or 2 properties. I’m serious about pursuing this and have done my reading prior too. Does anybody have any recommendations of areas or realtors that are investor friendly and willing to help?
Thank you!
Daniel Sprague
Welcome to BP! Have you identified any markets you'd want to invest in and do you know what type of proptery you want to invest in?
When I search for out of state markets I look for population and job growth. Economic stability. I like areas that have colleges and hospitals near by.
Have you read the book on out of state investing? That will go over a lot of what you need to know.
Real Estate Coach · Venice Beach, CA · Member since 2012 · 6k+ posts · 3k+ votes
8y
Hey Daniel! I'm up in LA and also do out-of-state.
$100k, with financing, could get you even 3 properties out-of-state...good cash-flowing rental properties. Do you know what kind of properties you are wanting to buy? Like do you want to put work into them, turnkey, any particular areas of interest, etc?