How to choose WHERE to invest in?

[Danny Jimenez]

Hello BP,

I am from California and looking to take advantage of the higher wages here in LA to invest in out of state properties.

The problem I'm having is how to decide WHERE that will be done?

How did some of you decide where you eventually bought property?

I am looking for buy and hold properties but also would like to utilize the BRRRR strategies to help raise capital quicker to eventually pour them over to rentals.

Any response / help will be appreciated.

Thank you!!!

[Max Gradowitz]

Consider the central valley. The Los Angeles area in general is insanely expensive and even though rents are high, they are not high enough to justify a good investment. But just a few hours north there are small cities and rural towns where it is really cheap to buy and rents are high enough to make good cash flow.