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Updated about 8 hours ago, 12/23/2024
Guidance on OOS markets to get into
Hello BP community! I am looking to get into out of state investing. I live in San Diego, CA and as you all know, it’s a very high entry point here so looking to get into a long term rental elsewhere. I am looking to use all cash, under 200k, preferably under 180k for a single family or a duplex if viable with my budget. I am a small business owner, business is not doing too well right now so that’s why I’m looking at an all cash buy, so I can get a nice cash flow to supplement. Would like to be in a city where I could get potentially $1,500 to 2k in rent. The list of cities that I’ve come up with so far by my own rookie research is the following, but always open to other suggestions from members that have experience else where.
Waco, Dallas, El Paso, TX
Indianapolis, IN
Pittsburg, PA
Looking to connect with locals who can help build a boots on the ground team as well. Thank you guys so much for any help here.