All Forum Posts by: Aerial Atlas

Should investors take into account the weather patterns in a certain area with regards to their rental investments? If so, what do investors take into consideration? 

Also, with predictions pointing to more extreme conditions in the future (ie. stronger storms, severe droughts, bigger fires, etc) due to climate change, should investors look into these patterns 5 or 10 years into the future to decide if their investment will be worth purchasing or holding onto short/long term? 

Hey everyone, I literally just signed up on BP a few mins ago. I live in California, have a very small sum of cash saved up, and I feel I'm ready to purchase my first investment in a decent area. I want to continue living in California and invest in a rental home (single or multi family) out of state. I was looking into Texas and a loan office mentioned Texas does not allow out of state investment purchases unless I live or already own a home there. 

Does anyone know other states with restrictions like this? 

Also, can anyone point me in the direction of some cities with good investment potential? I'd like to start researching and getting practice. 

Lastly, I read through some of the forums and many ppl mention mentors. If I can't find any in my area, how can I go about finding one?

Any responses would be a tremendous help. Thank you!