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Updated over 8 years ago on . Most recent reply

User Stats

14
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4
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Dan Johnson
  • Real Estate Agent
  • Playa Del Rey, CA
4
Votes |
14
Posts

Out of State Investing

Dan Johnson
  • Real Estate Agent
  • Playa Del Rey, CA
Posted

I am a new member from Los Angeles.  My wife and I just bought a condo together in West LA, so I do not have much money at this time for investments. 

Because I am not very liquid at the moment, I am designating a lot of time and energy to familiarizing myself with out-of-state multifamily markets.  One particular area is Michigan due to a large portion of my family being located there. 

Other interests include side projects such as residential sales, flipping and wholesaling in the Los Angeles area.  

Best,

Dan

Most Popular Reply

User Stats

355
Posts
190
Votes
Sarah Lorenz
  • Specialist
  • Ann Arbor, MI
190
Votes |
355
Posts
Sarah Lorenz
  • Specialist
  • Ann Arbor, MI
Replied

There are class A areas and high-end flips with greater spreads in Michigan, too.

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