Updated over 5 years ago on . Most recent reply
Out-of-state Real Estate Investing: How to find the right market
Hello BP community. My name is Tanner. I am fairly new to RE investing, currently having no deals under my belt. I live in Corona, CA which isn't the most ideal market to purchase cash flowing properties. Since I am only 23, I don't have the proper financing for these 500, 600, 700, and 800k houses.
My main question is, knowing that there are much cheaper houses in the midwest and south eastern states that are more ideal for cash flow, what is your process for choosing an out-of-state market with 0 knowledge/experience of that market?
Thank you sooo much!