Investing out of California

[Account Closed]

Hi,

I am currently at a stage where I can’t invest in Southern California anymore. It’s just to expensive and I wanted to expand my real estate profile. 

I was considering refinancing because I have significant equity in all my buildings in so cal and start investing out of state. Since I have no experience out of state what would be the proper steps to locate an area worth investing in? 

Any recommendations?

[Ruel K.]

I read BiggerPockets everyday and it's the first thing I check. I make my own notes based on comments here. I am also in socal and have been pondering investing out of state. Here are my latest notes: 

Boise, ID -  For buy and hold SFH. 

Colorado Springs, Denver, CO - Prices will increase along with interest rates and inventories. The market is strong for triplex and fourplex. 

The other areas I would look into for MF and commercial property investing are: Kansas city, MO

Tampa, FL; Charlotte, NC; Circleville and Chillicothe, OH; Indianapolis, IN