Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Justin Hazel
  • Rental Property Investor
  • North Bay, CA
0
Votes |
4
Posts

out of state real estate investing/rentals (California resident)

Justin Hazel
  • Rental Property Investor
  • North Bay, CA
Posted

My wife and I live in Northern California and thus far have compiled four doors by buying, moving and then renting. This works and is cash flow positive, especially as we both work full time jobs, plus a couple side gigs. However, given prices in Northern California, it’s difficult to amass greater cash flow and get right into rental/investment properties. With that said, there are opportunities in other states, but am wondering the best resources or points of contact to investigate, research and knowledgeably starting a more in-depth out of state real estate investing venture.  Side note, I’m just anxious to slowly stop working my regular gig and find more passive income, which is why out current strategy, while good, is and will take too long. 

Most Popular Reply

User Stats

2,285
Posts
1,995
Votes
Anthony Dooley
  • Investor
  • Columbus, GA
1,995
Votes |
2,285
Posts
Anthony Dooley
  • Investor
  • Columbus, GA
Replied

I suggest looking into turn-key rentals and buying them based on current rental income, not potential future income.

Loading replies...