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Updated over 4 years ago,
Considering out of state investing.
Hi! New here. :) I am stoked to have found this forum and I’m curious to see what advice some of you more seasoned property investors might have for me. I live on the near the beach in LA. I am going to purchase a multi-family in the next couple of years and if it’s in LA, I’d house hack. Recently, I’ve began to consider buying in Oregon. More specifically, Portland area. Compared to LA, prices are “cheap”. I wouldn’t be able to house hack since I can’t leave LA. I LOVE Oregon. I think it is gorgeous and I’ve heard it’s a growing in population since everyone is fleeing LA. Haha. I assume I’d have to hire a management company to handle things that needed in-person attention. I would love any advice on this...thanks!