New investor doing out-of-state properties

[Paul Guth]

Hi there, my wife and I live in California and are currently under contract on our first rental property, a duplex in Bismarck, North Dakota. I've spent the last couple months reading tons about REI (including Brandon Turner's books) and have found it all fascinating. Our plan is to continue with out-of-state properties, as the numbers (among other things) seem really hard to make work in California, although we are exploring some in-state STR opportunities.

I've already found BP to have some super useful info in the forums, looking forward to reading more!
Paul

[Min Zhang]

Hey Paul, if you're thinking about going the out-of-state route, I highly recommend checking out Columbus. The city’s had a tech boom of over $50 billion in the last five years. If you visit, you'll notice tons of new commercial developments and single-family homes popping up in the suburbs. Happy to connect and share my experience here. Don't hesitate to ask if you need anything!