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Updated 12 months ago on . Most recent reply
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Hello from Southern California
I'm a new BP member here! I am looking to invest in a multifamily out-of-state within the next few months (hopefully).
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I'm a former CA resident that moved to Nevada (Tahoe / Reno) area. I have found properties in the area that generate cash flow with a 30% down payment. The construction of a Tesla semi-truck factory will create 3,000 to 5,000 permanent jobs in the future. Being the nearest city to California, the area is easy to manage, has low property taxes, and is favorable to landlords. These factors make it a good investment area.