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Updated almost 8 years ago on . Most recent reply

User Stats

124
Posts
70
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Eric Hyde
  • Investor
  • Torrance, CA
70
Votes |
124
Posts

Long Distance Investing?

Eric Hyde
  • Investor
  • Torrance, CA
Posted

Hey all - I'm new to BiggerPockets and thought I'd introduce myself.  I live in Torrance, California (Los Angeles area) and would like to invest in income property, most likely duplexes, triplexes, or quadplexes.  My goal is ONE for now.  Seems pretty simple.  However, the problem is home values out here.  I own my primary residence but buying a duplex is too expensive to put 25% down.  I used to live in Sacramento so I'm looking to buy there because I know the area.  However, living 400 miles from my property might have some disadvantages.  I'm looking for some thoughts on the matter.  Any feedback would be greatly appreciated.

Thanks.

Most Popular Reply

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298
Posts
96
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Veni F.
  • BiggerPockets Support
  • Los Banos, Laguna
96
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298
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Veni F.
  • BiggerPockets Support
  • Los Banos, Laguna
Replied

Welcome to the BP family @Eric Hyde! I have listed some helpful recommendations for you:

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Welcome aboard!!!

  • Veni F.
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