I recently sold a property and made a little bit of money, and I would like to redeploy the proceeds into buying more real estate. However, I am experiencing analysis paralysis of which way to go. The property I sold was more of a lucky buy two years ago, a hint from a family member. I’ve never been a landlord and the area I live in California is super expensive, so the numbers just don’t work. I was looking at out of state like Ohio or Pittsburg, PA but that causes some trepidation since I don’t know anything about those markets of know anyone there. I was also looking at the outskirts of San Bernadino County, like Joshua Tree or 29 Palm. I’m using the BP tools to analyze properties, but I feel like I am somewhat throwing darts at the wall. For those seasoned investors, if you had my dilemma what steps would you take? Thanks!
