Secondary markets: How far out would you advertise to cash buyers

[Sean Dezoysa]

Hi everyone,

When I lived in the Los Angeles area, investors sometimes spoke about deals they were picking up in the Lancaster/Palmdale area, about a 90 minute to 2 hour drive away. Back then they'd brag about getting a house for 60k and renting it for 1,200. 

i'm moving to Atlanta for a new job. I'm looking at Columbus GA and Birmingham AL for wholesale flips -- both about 2 hours away by car. I suspect Birmingham should be large enough to seek out local cash buyers through the local REIA and other means.

Columbus GA has a metro population of around 300,000 though. 

In a market like Columbus GA, do you think it would be better to look around Atlanta for cash buyers? Or would you still make the effort to seek them out in the same area as the property?