Newbie looking to buy my first home

[Narat Eungdamrong]

Hi everyone,

I live in Socal and have a relatively well-paid and busy job that I love most of the time. Although I'd be happy to work this job well into my retirement, I'd like to start a real estate business. My main goal is not necessarily a cash flow to live on now, but rather appreciation potential in the future (time horizon 10-15 years).

I have about 80-100k I could deploy. I don't see any market here in CA that I'd feel good buying. What are some advices you have for a first time investor looking to buy out of state? How do you go about identifying the area to buy? We have family near Orlando, Greenville SC, and Pittsburgh but I don't know much about those markets. 

Our goal is to buy 1 property a year (~20-30k down payment) to diversify away from the stock market. 

[Andrew Collier]

Hi Jonathan, I love in Orlando, FL and I see that you have a good contact/agent in Orlando that’s able to find good investment property. Would you be willing to share their contact info with me? Thanks!