New Member Introductions
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated 7 months ago on . Most recent reply

Out of state Investor
Hello,
My name is Michelle Macias.
I am an investor based out of San Diego CA. I’ve flipped homes and currently own two multi family properties in the L.A. county area.
I am wanting to purchase another multi family out of state. L.A county and San Diego county are too expensive.
I’m new to out of state investing , so any pointers would be greatly appreciated.
I have been doing my research as to what state to buy in, but have not narrowed it down yet.
Any help is appreciated.
Most Popular Reply

Hey Michelle, welcome to BiggerPockets! I recommend that you first identify a strategy for your investment and make sure that the market you choose supports it. Also, building your Core 4 Real Estate Team is important when investing out-of-state. This team should include professionals like agents, lenders, contractors, and property managers. There are a lot of markets where you can generate a profit. The Midwest for example offers a great opportunity for investors due to its affordable housing market and strong rental demand. You should check it out. All the best!