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Updated over 3 years ago on . Most recent reply

User Stats

45
Posts
34
Votes
Danny Jimenez
  • Investor
  • Los Angeles Ca
34
Votes |
45
Posts

How to choose WHERE to invest in?

Danny Jimenez
  • Investor
  • Los Angeles Ca
Posted

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!!!

Most Popular Reply

User Stats

378
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304
Votes
Max Gradowitz
  • Bakersfield, CA
304
Votes |
378
Posts
Max Gradowitz
  • Bakersfield, CA
Replied

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.

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