Updated over 6 years ago on . Most recent reply
Investment location ideas
Good morning and thank you all in advance for your input. I'm excited to finally join BP as I've been reading many post here for a while now.
So I'm very new to real estate and have gained some information within the last year. After moving to CA a year and a half ago, I was able to purchase my first property in Banning, CA. Being new to the state, I've noticed that prices are significantly higher than back home (Rhode island). Now that I am in the process of renting out this property I want to invest in another but I'm not sure where. My goal is to acquire a multi or a SFH in an area that will allow for some return (as opposed to breaking even). I'm also considering surrounding states such as Las Vegas, Arizona, or even Oregon. I have about 20k to invest but it seems that will not get me very far here. Any suggestions on good locations for investors in the SoCal or inland empire area?