Out-Of-State Investing Summit

[Lloyd Segal]

Buying Out-of-State Properties. If you’re into “buy and hold” strategies, then the smartest thing you can do right now is to buy out-of-state. After all, why buy one house in Los Angeles for $800,000 (with negative cash flow), when you can buy eight $100,000 houses in out-of-state cities and enjoy positive cash flow. But which cities?

LAC-REIA has identified the strongest cities in the United States that have dynamic job and population growth, along with affordability, landlord-friendly laws, renter desirability, and positive cash flow. And why deal with landlord headaches when you can use "turnkey” companies to manage these properties. The marvelous thing about turnkey companies is that they do everything for you. They find and buy the houses, renovate them at their cost, rent them to qualified tenants, sell the house(s) to you below market, manage the properties, and then send you a check every month. Won’t you love receiving checks every month? Hence, the term “turnkey.”

LAC-REIA has identified the most professional turnkey operators in each of these cities. They will be joining us at our annual "Out-of-State Investing Summit”:

1. Montgomery, AL: 3 Fives, LLC (Emily Nesselroad & Nick Weaver)

2. Cleveland, OH: RR Caprial Investments (Renesha Johnson)

3. Indianapolis, IN: Real Estate Done 4 U (Michael Drew)

4. Detroit, MI: Michigan Cash Flow, LLC (Darren Foy)

5. St. Louis. MO: Vreeland Capital (Jimmy Vreeland)

Date & Time: Saturday, February 22, 2025, 9:00 am to 2:00 pm.

Location: Iman Cultural Center, 3376 Motor Avenue, LA 90034 (between National and Palms).

Admission: $49.00 per person if paid before February 15th. After February 15th, the cost is $99.00 per person. So don't wait to register. (Gold members of LAC-REIA can attend for free.)

RSVP: www.LaRealEstateInvestors.com.

Parking: Metered and free street parking. Plus, there are also two FREE parking structures just two blocks away. The first structure is at the northeast corner of Motor and Palms. The second structure is at the northeast corner of Motor and National. From either lot it’s short two block walk to the Iman.

Los Angeles County Real Estate Investors Association (“LAC-REIA”). Founded in 1996, LAC-REIA is the oldest and largest investor group in California. Our Association helps people invest in real estate by offering (1) education, (2) networking, (3) workshops, and (4) mentoring. If you need help with any of our services, please let us know.