California Real Estate Q&A Discussion Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago on . Most recent reply
What are you doing TODAY to help yourself invest out of state?
Hey everyone,
I'm sitting here in beautiful Van Nuys, CA stuffing envelopes for some direct mailing in Florida. I'm wondering what everyone else is doing today to help grow their out of state portfolio. I grew up in Florida and have family members that can look at properties for me while I'm in California.
Most Popular Reply
@John Cornelius great question!
Personally, I find myself getting overwhelmed with the sheer amount of sources out there for the next best market to invest in: I am certain there is no one right answer as each of us has their own unique circumstance. I for one have decided to list my minimum criteria (min cash flow, ROI etc) that I'd be happy with and talk with my close network of people to learn from them where they are focusing on. I then search these areas and simply analyze some deals to see what works. Disclaimer, I am a newbie to US investing and so no market is local for me though I do live here now.
Best of luck and I look forward to learning from everyone else’s response!