How to JV in out of state investments
Hi everyone,
I'm a newbie looking to invest in multi-family and single family homes for cash flow. I moved from Charleston, South Carolina to San Diego, California a couple years ago for work and would really like to build my portfolio in my home town since the market is booming right now and it seems nearly impossible to a newbie to break into the San Diego market.
Since I'm young (24) and don't have much capital/experience under my belt to work with, I was wondering if any of you had ideas on ways to network/get started in out of state markets. My background is finance and I'm not afraid of diving into research/analysis, but I'm not sure if that's enough to convince other investors/partners to joint venture with me.
Any advice would be greatly appreciated!
Thanks,
Ryan