New member in Los Angeles interested in REI maybe out of State

[Hipolito Mendez]

It's great to learn from everyone here. I am interested in out of state REI because it doesn't seem possible for me to start in LA. I've been thinking Vegas, Grand Rapids MI, and Indianapolis. I am open to to insight in out of state REI and suggestions.

[Michael Lee]

Hello and welcome to BP!  From what I have learned on this and other sites is that there are some good deals to be had anywhere you live.  With that being said I would still look in Los Angeles  and hustle more to find it.  I would only buy out of my drivable area with a turnkey unit that does not have the travel expense for out of state investments that you would have to buy, rehab, and manage yourself.  

I live in Texas but I would see Los Angeles as the area that has many diverse areas.  It may take longer to do well there so you have got to think long term investing there.  I am 60 years old now and being born and raised in Dallas, has given me an experience that is unique but is kind of like Los Angeles as far as its development.  Eventhough I have never been there I bet that city has many suburban areas that you can make money in.  I have much to share with you so feel free to think I can help you with anything I can be contacted through this site because I am there just on it just about everyday.

Good luck to you!