Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Mobile Home Park Investing
Innovative Strategies
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Private Lending & Conventional Mortgage Advice
Insurance
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated over 9 years ago on . Most recent reply

Francis M.'s profile image
Francis M.'s profile image
Francis M.
  • from Santa Monica, California
  • Member since Oct 16, 2016

User Stats

2
Posts
0
Votes
Francis M.'s profile image
Francis M.'s profile image
Francis M.
  • from Santa Monica, California
  • Member since Oct 16, 2016
Francis M.
  • Santa Monica, CA
0
Votes |
2
Posts
Starting Out

Investing out of state

Francis M.
  • Santa Monica, CA
Posted

Hi,

I live in LA and I'm looking to start investing out of state, mainly for cash flow. I'm thinking on investing into multi family residential (up to 4 units) for around 150k-200k. Since it will be out of state and I've limited experience in RE, I'm thinking of using some sort of turnkey company.  

I've heard about roofstock, which seems pretty legit, but it specializes in SFR. Any of you guys know of a good and legit similar turnkey company for MFR?

Also, what would be a good market to get started, in respect to my price range? (preferably in a decent area)

Thanks,

0 Votes
Follow
9 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Dustin Cook's profile image
Dustin Cook's profile image
Dustin Cook
  • Investor
  • from Los Angeles, CA
  • Member since Mar 19, 2015

User Stats

73
Posts
44
Votes
Dustin Cook's profile image
Dustin Cook's profile image
Dustin Cook
  • Investor
  • from Los Angeles, CA
  • Member since Mar 19, 2015
Dustin Cook
  • Investor
  • Los Angeles, CA
44
Votes |
73
Posts
Dustin Cook
  • Investor
  • Los Angeles, CA
Replied

I recommend buying off the MLS, Definitely go visit anything you are considering buying. Be careful on BP when you mention turnkey, lots of vultures everywhere.

1 Vote
Log In or Sign Up to Reply
Sort By:

Loading replies...