All Forum Posts by: Shane W.

@Peter Mckernan do you have any insight into my post above?

@Steve Frost we're looking around the 150-180k mark.

Since originally posting this we've also welcomed the idea of finding places closer to LA for that price. The Palm Desert area is on our radar at the moment.

@George Fitz or Fitzy as we would call you back home in Australia. We should catch up for a beer and talk real estate.

Would be awesome to have a BP neighbor.

@Trevor Lohman 

We're also thinking the exact same way you guys are. Did you find any other areas in SoCal that fit your needs?

Looking for contacts in the Palm Desert area.

Wanting to purchase SFH for buy and hold cash flow.

@Phil Hong 

Thanks for the advice. We're definitely starting to edge towards locally now.

And thanks for the girlfriend advice :) Although we were just engaged over the weekend so we're in it for the long haul.

So my girlfriend and I are looking to buy our first investment property and because we live in Los Angeles we figured anything in our area would be out of our range (150k-200k). Therefore of course we have been looking out of state. The idea of having the property so far away and quite possibly not even seeing it in person is a bit daunting.

We're wondering what the positives and negatives would be of buying closer to home in SoCal vs buying out of state?

We're looking at SFR to buy and hold.

Thanks @Kyle Tweed 

@Brie Schmidt 

Thanks Brie I guess I was being a bit general with Illinois there.

Great podcast today!

I just heard on the podcast today that Illinois definitely isn't.

Are there any others to avoid?

This is going to be our first investment property so we're trying to make it as stress-free as possible.