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Updated over 3 years ago on . Most recent reply

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Prell Santi
6
Votes |
2
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New out of state investor from Los Angeles, Ca

Prell Santi
Posted

Hi everyone, 

I’m a new investor from Los Angeles, Ca looking to invest in out of state multi family properties.

I'd truly appreciate any suggestions for markets that are more reasonably priced for starting my REI journey.

I would also love to join a meet up. 

Thank you in advance. 

Most Popular Reply

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Cody Lee
  • Specialist
  • Denver, CO
30
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59
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Cody Lee
  • Specialist
  • Denver, CO
Replied

Hi Prell!

Miami and Tampa metros in Florida, DFW/Houston/Austin in Texas, Phoenix metro in Arizona, pretty much any larger city in Ohio, and the Atlanta metro in Georgia all have reasonable prices and are hot markets for real estate investments.

If I had to pick one to start with, I'd say either Miami or Tampa in Florida. There's a lot of distressed real estate owned by older retirees in these areas.

Are you looking to start off wholesaling, flipping, buying rentals, or something else?

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