Making The First Deal
Hi,
I'm new to BP and also a new real estate investor as well, trying to start out with limited resources. I'm from SD, California, so the properties here are really high and hard to make profitable from what I've calculated so far. I want to invest for cash flow and want to know if anyone has any guidance? I was looking at out of state properties as well but I can't travel there that easily.
Most Popular Reply
#5 All Forums Contributor
- Plymouth, MI
@Jason T. You don't need to travel. All you need is someone in the state you are investing in that takes care of all the "heavy lifting". You can supply the financial side, they provide all the research, analysis, negotiating, offers, closing, and management after. We work with a number of investors out of state, and there are many others like us. We like Michigan, and feel it is the number one state to invest for cash flow...and BP articles agree with us.