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Updated almost 9 years ago,

User Stats

74
Posts
25
Votes
Daniel Pierson
  • Investor
  • San Francisco, CA
25
Votes |
74
Posts

Buying out of state rental properties

Daniel Pierson
  • Investor
  • San Francisco, CA
Posted

Hi Everyone, I'm just getting started on my investing path, and I've decided to seriously consider looking at single family rental properties out of state.  I know there's some extra risk involved with this route, but as a resident of Los Angeles, I've decided it's the only way to go. I'm wondering if anyone has purchased an out of state property as their first investment and 1)how they identified the right location and 2) any other general advice, success or pitfalls they encountered. 

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