Hottest states to invest in
Investor · Santa Clarita, CA · Member since 2015 · 40 posts · 34 votes
Hottest states to invest in
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Realtor · Los Angeles, CA · Member since 2018 · 952 posts · 1k+ votes
6yOriginally posted by @Michael Bell:
What are the hottest states to invest in rental property right now? People seem to moving out of California to Texas, Idaho, and Colorado. Are there any other states that are hot right now?
Californian here to defend my state!
It seems like Californians are flooding out of CA into Texas, etc., because there are SO MANY OF US! For example, anecdotally, Boise, ID is overrun with Californians. Do you know how big Boise is? 229K people! California's population is 39.5M. So a few Californians moving to Boise make it feel (to residents of Boise) like an exodus.
Another fun fact to illustrate my point: in 2018, 118K Californians left the state for other states. But 188K people moved into California from other countries (source: https://calmatters.org/explainers/california-population-migration-census-demographics-immigration/)
136 Replies
- Investor · Shelton, CT · Member since 2016 · 218 posts · 225 votes6y
@Ebi Amiri in summary, I guess you haven’t been reading up on TN.
- 6yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
Originally posted by @Ryan Kelly:
@David Bell I would take a look at sunbelt states from Texas to Florida. Lower overall taxes, warm weather, and markets with good job prospects.
Keep in mind Texas for the CA investor gets hammered in tax's they live and work in CA and still have to pay CA tax. they now invest in Texas and have to pay some of the highest property tax rates in the country. So while I am not debating the merits of investing in Texas as a whole.. but there is no tax savings for a CA investor.. tax savings would be lower property tax states Like NV IN etc. Most rentals in Vegas for example will pencil out better than anything in Texas simply because the property tax's are 1/3 to 1/4 of the amount for the same dollar purchase in Texas .. and price points for quality homes are not much different.. and maintenance in Vegas is less as well.. NO thunderstorms Hail wind. Indiana little bit of weather but really low tax's as well.. those pesky tax rates are something to really watch.
Now for appreciation which I personally think is an important component to this whole strategy Certain areas of Texas will have a lot of draw on that card.. or MF were tax rates are already backed into the rates of returns.
Just sayin.. As someone who grew up in CA has invested in Texas and NV and IN
- Specialist · OverTheRainbow · Member since 2020 · 607 posts · 909 votes6y
Originally posted by @Michael Bell:
What are the hottest states to invest in rental property right now? People seem to moving out of California to Texas, Idaho, and Colorado. Are there any other states that are hot right now?
Arizona can get pretty hot. ;-) It's great for real estate too. Low taxes, landlord friendly, growing economy, great appreciation. I have a bunch that are cash flowing above $500 a month in Phoenix, Mesa, Glendale and Apache Junction. It's a lot closer to SoCal than TN. Although TN is a beautiful state in it's own right. I also invest in TX up and down the I-35 corridor. Taxes are a tad higher there though.
- 6yRyan KellyBusiness MemberReal Estate Broker · Austin, TX · Member since 2018 · 1k+ posts · 1k+ votes
@Bonnie Low Austin has seen very few tornados, no hurricanes, and flash flooding is fairly predictable based on floodplain maps. The biggest natural issue may be wind or hail, which will mainly affect the roof, and you have insurance for those. I’ve lived in central Texas most of my life and the occurrence of these events are very low.
If you want to invest near the coasts, that is when you need to pay attention to hurricanes.
Ryan Kelly Group - Keller Williams5112 Reviews - 6yRyan KellyBusiness MemberReal Estate Broker · Austin, TX · Member since 2018 · 1k+ posts · 1k+ votes
@Jay Hinrichs I’m assuming the investor in question doesn’t stay in California or a high tax state.
Ryan Kelly Group - Keller Williams5112 Reviews - 6yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
Originally posted by @Ryan Kelly:
@Jay Hinrichs I’m assuming the investor in question doesn’t stay in California or a high tax state.
Stay = Live ?
- Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes6y
Looks like Florida with an average annual temperature of 70.7 degrees is the hottest state.
District Invest Group545 Reviews - Specialist · Miami, FL · Member since 2018 · 22 posts · 18 votes6y
To invest and get a decent return I suggest the greater Dayton Ohio. I have held a bunch of single family homes there and been through 2 cycles where the national market had dropped back but the rental income stayed steady to slightly increasing (for the past 10 years)
I have 8 homes that are renovated, fully turnkey and the mgmt co has been with me all that time
All I fully paid for. I just called a realtor there the other day to see if I can sell them all as a package and he said at 10 or 11% cap rate he can do it. Frankly I realized I can post them in CA and sell them at that cap rate without paying a commission. Still deciding..
In Seattle or LA or even Miami I could not get 3% cap on similar homes (each one I own is around $60k and I have 2 duplexes full remodeled at $130k each... insane cash flow with no headaches). Love Greater Dayton’s steady cash flow !
- Rental Property Investor · Birmingham, AL · Member since 2019 · 76 posts · 43 votes6y
@Jeff Piscioniere mentioned Memphis. Here in Birmingham the market is very similar. There are lots of high risk - high yield opportunities. Also, like TN, AL is a very landlord-friendly state. Of course, I don't know anything about CA. Most of the OOS investors we see lately are from New York. According to The Wall Street Journal last week, NYC apartment occupancy is currently down 23% YOY. Instead of bleeding money, a lot of investors in large, safe markets are shifting to tertiary markets like Memphis and Birmingham.
- Rental Property Investor · Tempe, AZ · Member since 2020 · 75 posts · 39 votes6y
@John Farady
Curious what strategy you use primarily in Phoenix area. Straight buy and hold, or brrrr, or.... ?
- Specialist · OverTheRainbow · Member since 2020 · 607 posts · 909 votes6y
Originally posted by @Geoff Husa:
@John Farady
Curious what strategy you use primarily in Phoenix area. Straight buy and hold, or brrrr, or.... ?
I'm buying "off market" Turnkeys for $60k plus taking over the existing mortgage (it's called Subject To) and then selling to tenant buyers on a lease option who give me $20k as an option fee and pay a premium rent for a cash flow of greater than $500 a month. The tenant buyer takes care of all maintenance and repairs so I have no CapEx. Not bad for SoCal OOS investing. I know that is a lot packed into a couple of statements but that's the general idea.
- 6yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
Originally posted by @Account Closed:
Originally posted by @Geoff Husa:
@John Farady
Curious what strategy you use primarily in Phoenix area. Straight buy and hold, or brrrr, or.... ?
I'm buying "off market" Turnkeys for $60k plus taking over the existing mortgage (it's called Subject To) and then selling to tenant buyers on a lease option who give me $20k as an option fee and pay a premium rent for a cash flow of greater than $500 a month. The tenant buyer takes care of all maintenance and repairs so I have no CapEx. Not bad for SoCal OOS investing. I know that is a lot packed into a couple of statements but that's the general idea.
The AG in PA has got a real thing for this model I was reading I guess there has been a lot of abuse there in PA so they are going after the big players that do this then default the buyer out the second they miss a payment only to have them lose their down payment..
you sound like the other fellow that hailed from Seattle and talked about the exact same model in PHX do you know him? Cant recall his name but I think he might have even been selling a HOW to Sub too training program ?? not sure though.
- Investor & Agent · Tulsa, OK · Member since 2016 · 1k+ posts · 1k+ votes6y
@David Bell
I always seem to meet a lot of California people here in Oklahoma. Not necessarily because it’s as “hot” as other markets per se, but because it is stable, with hot pockets.
Originally posted by @Jay Hinrichs:
Originally posted by @Ryan Kelly:
@David Bell I would take a look at sunbelt states from Texas to Florida. Lower overall taxes, warm weather, and markets with good job prospects.
Keep in mind Texas for the CA investor gets hammered in tax's they live and work in CA and still have to pay CA tax. they now invest in Texas and have to pay some of the highest property tax rates in the country. So while I am not debating the merits of investing in Texas as a whole.. but there is no tax savings for a CA investor.. tax savings would be lower property tax states Like NV IN etc. Most rentals in Vegas for example will pencil out better than anything in Texas simply because the property tax's are 1/3 to 1/4 of the amount for the same dollar purchase in Texas .. and price points for quality homes are not much different.. and maintenance in Vegas is less as well.. NO thunderstorms Hail wind. Indiana little bit of weather but really low tax's as well.. those pesky tax rates are something to really watch.
Now for appreciation which I personally think is an important component to this whole strategy Certain areas of Texas will have a lot of draw on that card.. or MF were tax rates are already backed into the rates of returns.
Just sayin.. As someone who grew up in CA has invested in Texas and NV and IN
I once did a same comparison TX vs CA and factoring for prop taxes this became a 6 figure matter over longer hauls with just one 400k property with same appreciation rates etc.
I imagine doing the same with NV basically the same investor would instread pocket that 6 figure matter and then some. Keeping in mind taxes could change in all 3 states is always possible. Taxes lives matter. TLM.
- Rental Property Investor · Member since 2020 · 36 posts · 20 votes6y
Its all about population growth. Jobs and internal migrations for baby boomers! Florida, Texas and the Carolinas. Thanks, Dr. Bender
- Rental Property Investor · Tempe, AZ · Member since 2020 · 75 posts · 39 votes6y
Originally posted by @Account Closed:
Originally posted by @Geoff Husa:
@John Farady
Curious what strategy you use primarily in Phoenix area. Straight buy and hold, or brrrr, or.... ?
I'm buying "off market" Turnkeys for $60k plus taking over the existing mortgage (it's called Subject To) and then selling to tenant buyers on a lease option who give me $20k as an option fee and pay a premium rent for a cash flow of greater than $500 a month. The tenant buyer takes care of all maintenance and repairs so I have no CapEx. Not bad for SoCal OOS investing. I know that is a lot packed into a couple of statements but that's the general idea.
A couple of months ago I wouldn't have understood a bit of this... haha. But thanks to BP and it's resources (and a rather large time investment in reading and youtube vids) I get gist of what you're saying here. I've actually been reading more about subject to, and lease options (both as the lessor and even the lessee, for acquisitions) lately. The part that throws me is the bit about off-market turnkeys for $60K... Whaaaaat?! Where are you scoring that kind of deal in Phoenix area? Or is it one of those secrets you could tell me, but then have to kill me?
This might be getting off track for this post, but it starts with having a goal of reaching FI. I don't know if I could say I'm in as much of a hurry as the subjects the OP is asking for. I also have a bit of time (as I currently live overseas) before I can do much. But when we return to my home area in Tempe/Chandler next year... Anyway been learning about creative financing and how to find and negotiate deals and much more... how wholesaling works, the steps to take when you find a deal, etc. Just trying to define how we want to move forward. I like the possibilities of subject to and lease options though. I've been running my ideas by a friend of mine who I've known for close to 30 years, who is a long-time reputable wholesaler/flipper/agent in the area (over 20 years), and the feedback I'm getting is that the market is so hot right now that a lot of the stuff I'm reading about on BP about finding and negotiating deals just isn't realistic for someone like me who just wants to score a deal or two a year. So when you talk about getting turnkey deals for $60K...! Throw this dog a bone, dude! What kind of properties and areas are you talking about?
@Shiloh Lundahl is doing some cool stuff with the lease options. I don't think he's getting nearly as much as you mention for the option payments (I think he's mentioned $2-3K), but he can correct me if I'm wrong. @Jay Hinrichs, regarding what you mentioned, Shiloh seems to be following some of the recommendations in Brandon Turner's book on financing deals with little or no money. He helps people get on track with education about finances and connects them with a lender and provides some accountability so they can reach their goals of making that purchase. I like that a lot too! Shiloh, you can correct me here if I've misrepresented anything you do.
- Realtor · Kirkland, WA · Member since 2020 · 13 posts · 2 votes6y
@David Bell A lot of Californian transplants here in Washington where the real estate market is hot!!
- 6yJay HinrichsBusiness MemberReal Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
Originally posted by @Geoff Husa:
Originally posted by @Account Closed:
Originally posted by @Geoff Husa:
@John Farady
Curious what strategy you use primarily in Phoenix area. Straight buy and hold, or brrrr, or.... ?
I'm buying "off market" Turnkeys for $60k plus taking over the existing mortgage (it's called Subject To) and then selling to tenant buyers on a lease option who give me $20k as an option fee and pay a premium rent for a cash flow of greater than $500 a month. The tenant buyer takes care of all maintenance and repairs so I have no CapEx. Not bad for SoCal OOS investing. I know that is a lot packed into a couple of statements but that's the general idea.
A couple of months ago I wouldn't have understood a bit of this... haha. But thanks to BP and it's resources (and a rather large time investment in reading and youtube vids) I get gist of what you're saying here. I've actually been reading more about subject to, and lease options (both as the lessor and even the lessee, for acquisitions) lately. The part that throws me is the bit about off-market turnkeys for $60K... Whaaaaat?! Where are you scoring that kind of deal in Phoenix area? Or is it one of those secrets you could tell me, but then have to kill me?
This might be getting off track for this post, but it starts with having a goal of reaching FI. I don't know if I could say I'm in as much of a hurry as the subjects the OP is asking for. I also have a bit of time (as I currently live overseas) before I can do much. But when we return to my home area in Tempe/Chandler next year... Anyway been learning about creative financing and how to find and negotiate deals and much more... how wholesaling works, the steps to take when you find a deal, etc. Just trying to define how we want to move forward. I like the possibilities of subject to and lease options though. I've been running my ideas by a friend of mine who I've known for close to 30 years, who is a long-time reputable wholesaler/flipper/agent in the area (over 20 years), and the feedback I'm getting is that the market is so hot right now that a lot of the stuff I'm reading about on BP about finding and negotiating deals just isn't realistic for someone like me who just wants to score a deal or two a year. So when you talk about getting turnkey deals for $60K...! Throw this dog a bone, dude! What kind of properties and areas are you talking about?
@Shiloh Lundahl is doing some cool stuff with the lease options. I don't think he's getting nearly as much as you mention for the option payments (I think he's mentioned $2-3K), but he can correct me if I'm wrong. @Jay Hinrichs, regarding what you mentioned, Shiloh seems to be following some of the recommendations in Brandon Turner's book on financing deals with little or no money. He helps people get on track with education about finances and connects them with a lender and provides some accountability so they can reach their goals of making that purchase. I like that a lot too! Shiloh, you can correct me here if I've misrepresented anything you do.
Yes I believe Shiloh does a lot of lease to own.. and probably sub to and then lease out.. I know I did a fair share of this when my acquisitions were all pre foreclosure but that activity has been illegal for a long time in many states and the laws just get tougher.. I just took my CE in Oregon and pre foreclosure lease back is just not something you can do that makes sense and could get you in a lot of hot water if done wrong.
But buying a property that's not in default these rules don't apply. I do a fair bit of work in PA and one of my vendors his exit is the rent to own model. And in PA it appears in reading some of the trade articles there was some big players that were doing a lot of these and the state AG was looking at them as another form of sub prime and preying on non English speaking and generally those who did not understand that they could be booted out when they missed a payment or two and their down stroke was lost. So I believe they are working on new REGS . Will see how it shakes out.. but your friends are right if your not in this as a business its pretty tough to score the best deals with out a well financed marketing campaign and some pretty good closers..
- Rental Property Investor · Tempe, AZ · Member since 2020 · 75 posts · 39 votes6y
Originally posted by @Jay Hinrichs:
Yeah, that's what I'm starting to see more and more. That's the decision I have to make, is how much time and effort I can give to it, and what's a reasonable expected outcome. I love my full-time job and want to keep doing it. But I live off fundraising, and have for the last 16+ years. The fundraising takes time I'd rather put elsewhere. I also live overseas for roughly 3-4 years at a time. My ultimate goal is to eventually be self sufficient through REI so that I can be free to continue to do what I love doing and not feel so tied to the fundraising part. My struggle is parsing out the information I get about REI and figuring out which strategies will work given my circumstances. For a while here I've been thinking when we get back to AZ I could play around with some different strategies like D4D and direct mail and even some calling and door knocking, kind of part time hustling. I could easily devote 20+hrs/wk, for quite a bit of the year. Not in the hopes of generating a consistent flow of deals, but to see if I can score one or two deals in the year we're home. The more I learn and hear about others' endeavors, the more hopeful I become that that can be a reality. But my friend with experience, and it sounds like you're concurring, is telling me it takes more than dabbling to get things refined to where you can get deals and not lose your shirt; especially learning the ropes enough to know what needs handling in regards to clean titles, probate issues, etc. So maybe I'm going about it the wrong way and need a different mindset. Definitely committed to getting into REI, and have enough capital to get started with a couple purchases in the area, but just trying to figure out what works in the market I'm interested there in Phoenix, and what strategy will be best for me to chase after.
Sorry for hijacking the thread with a seemingly different topic. But this does springboard from the 'hottest' market topic. Phoenix is definitely a hot market though! Think of it as a noobie's side-thread springboarding from the original topic. Also, maybe this can be a dose of reality for others looking at 'hot' markets and trying to decide if and how they want to jump in. Or maybe I'm the one who needs a dose of reality :)
- Specialist · OverTheRainbow · Member since 2020 · 607 posts · 909 votes6y
Originally posted by @Jay Hinrichs:
Originally posted by @Account Closed:
Originally posted by @Geoff Husa:
@John Farady
Curious what strategy you use primarily in Phoenix area. Straight buy and hold, or brrrr, or.... ?
I'm buying "off market" Turnkeys for $60k plus taking over the existing mortgage (it's called Subject To) and then selling to tenant buyers on a lease option who give me $20k as an option fee and pay a premium rent for a cash flow of greater than $500 a month. The tenant buyer takes care of all maintenance and repairs so I have no CapEx. Not bad for SoCal OOS investing. I know that is a lot packed into a couple of statements but that's the general idea.
The AG in PA has got a real thing for this model I was reading I guess there has been a lot of abuse there in PA so they are going after the big players that do this then default the buyer out the second they miss a payment only to have them lose their down payment..
you sound like the other fellow that hailed from Seattle and talked about the exact same model in PHX do you know him? Cant recall his name but I think he might have even been selling a HOW to Sub too training program ?? not sure though.
Yeah, he was from Seattle, made a lot of money there, but now lives in Scottsdale doing turnkeys. He said he was really active on BP and BP deleted him. He said he didn't mind being booted off, because most people on BP wanted to treat Subject To and Wraps as "no money needed", which it isn't. He said people didn't have any money anyway and were just looking for short cuts rather than being sufficiently funded to protect everybody's interests. We met a couple of times over lunch about a year ago & he showed me the processes, the requirements, the disclosures, what he was working on, some of the deals he'd done and we toured a few houses and spoke with tenant buyers and the Title company. Everything checked out. I had to provide him with my financials to show I had staying power. He said he personally guarantees to the seller to make the mortgage payment if it gets to that. So, he's being really picky who he works with.
- Specialist · OverTheRainbow · Member since 2020 · 607 posts · 909 votes6y
Originally posted by @Geoff Husa:
Originally posted by @Account Closed:
Originally posted by @Geoff Husa:
@John Farady
Curious what strategy you use primarily in Phoenix area. Straight buy and hold, or brrrr, or.... ?
I'm buying "off market" Turnkeys for $60k plus taking over the existing mortgage (it's called Subject To) and then selling to tenant buyers on a lease option who give me $20k as an option fee and pay a premium rent for a cash flow of greater than $500 a month. The tenant buyer takes care of all maintenance and repairs so I have no CapEx. Not bad for SoCal OOS investing. I know that is a lot packed into a couple of statements but that's the general idea.
A couple of months ago I wouldn't have understood a bit of this... haha. But thanks to BP and it's resources (and a rather large time investment in reading and youtube vids) I get gist of what you're saying here. I've actually been reading more about subject to, and lease options (both as the lessor and even the lessee, for acquisitions) lately. The part that throws me is the bit about off-market turnkeys for $60K... Whaaaaat?! Where are you scoring that kind of deal in Phoenix area? Or is it one of those secrets you could tell me, but then have to kill me?
This might be getting off track for this post, but it starts with having a goal of reaching FI. I don't know if I could say I'm in as much of a hurry as the subjects the OP is asking for. I also have a bit of time (as I currently live overseas) before I can do much. But when we return to my home area in Tempe/Chandler next year... Anyway been learning about creative financing and how to find and negotiate deals and much more... how wholesaling works, the steps to take when you find a deal, etc. Just trying to define how we want to move forward. I like the possibilities of subject to and lease options though. I've been running my ideas by a friend of mine who I've known for close to 30 years, who is a long-time reputable wholesaler/flipper/agent in the area (over 20 years), and the feedback I'm getting is that the market is so hot right now that a lot of the stuff I'm reading about on BP about finding and negotiating deals just isn't realistic for someone like me who just wants to score a deal or two a year. So when you talk about getting turnkey deals for $60K...! Throw this dog a bone, dude! What kind of properties and areas are you talking about?
@Shiloh Lundahl is doing some cool stuff with the lease options. I don't think he's getting nearly as much as you mention for the option payments (I think he's mentioned $2-3K), but he can correct me if I'm wrong. @Jay Hinrichs, regarding what you mentioned, Shiloh seems to be following some of the recommendations in Brandon Turner's book on financing deals with little or no money. He helps people get on track with education about finances and connects them with a lender and provides some accountability so they can reach their goals of making that purchase. I like that a lot too! Shiloh, you can correct me here if I've misrepresented anything you do.
@Geoff Husa: In answer to your question:I'm not the only one doing these. In fact, they are being done all over the country, all week long. Here are the keys:
You are looking for people who want to or need to move but they have a house that won't be a good fit for the MLS. That could be neglected repairs, dated kitchen, bad landscaping, doesn't show well for any number of reason, don't want people walking through their house opening drawers and medicine closets, complicated title, probate, they've taken a job elsewhere and have to move quickly and a host of other situations.
Sometimes you can spend $5,000 on mailers and get no phone calls. Sometimes you can spend $500 on mailers and get 2 deals. You just never know. Mailers is just one way to find properties by the way.
You "solution" sell. They have a problem and you help them. If it is all about "you", you'll never do a deal.
You have to have money to give the seller for their equity, money to pay for their closing costs, money for the title report, money for escrow, money for your closing costs, money to make at least 3 months of the payments (safety precaution) money to pay for the electrical and water while you are looking for the right tenant buyer. You have to "sometimes" have money to have the place cleaned up, to have a dumpster delivered, to hire guys to put junk into the dumpster, money to do repairs or paint or other things on the property.
My mentor requires that I have $5,000 in reserves for each Turnkey he sells me. I haven't needed to use any of it for the turnkeys I have, but it's there in the event it's needed. This is a safety guarantee to the seller. Remember, the seller is still on the loan and you have to protect the seller's interests.
And, that $60k I pay doesn't include the mortgage amount I am taking over. My cost to own the property is the $60K, and the underlying mortgage gets paid off by the tenant buyer. It's just that I don't have to involve a bank or hard money for the rest.
So, my cash on cash is $60k into it, $20k back plus at least $500 a month cash flow, whatever that works out to. And I get to own a $250,000 house that I get to depreciate.
It is *NOT* a "no money needed" type of transaction, but it works nicely where applicable.
- Member since 2018 · 2 posts · 1 vote6y
"Good hockey players go where the puck is. Great hockey players go where the puck will be" - Wayne Gretzky
The puck will be in Pueblo Colorado, Bend Oregon, and Kent Washington.
- Investor · Chicago, IL · Member since 2009 · 1k+ posts · 1k+ votes6y
@Jon Schwartz Despite some weak points for California, real estate will continue to retain its value. The supply is constrained by difficulties in zoning, regulations and other impediments to building new housing stock. Reports about folks "leaving San Francisco" might be true, but tempered by them moving to other places in California.
- Rental Property Investor · TN · Member since 2018 · 2k+ posts · 2k+ votes6y
Originally posted by @Jeff Piscioniere:
@Bonnie Low East TN in the mountains. Rains a lot but unless you buy in a river basin no issues. TN is a huge state. I find it hard to believe FEMA maps would make you write off an entire state.....?
People do not know how to read the FEMA maps. A lot of the areas around where I invest are flood zones, but they are classified as 'controlled' or 'protected' because of the topography and the dams. So they only flood if the dams fail and the river raises 50 feet--that never happened before. So they need to look at the classification for each area on the map, many areas are controlled. I think, but may be wrong that the zone X zones are the protected or controlled areas.
- Rental Property Investor · TN · Member since 2018 · 2k+ posts · 2k+ votes6y
I do not know how it is for investing, but know that many people who leave CA seem to think the newer hot spot to go to is Boise, ID. Used to be AZ, NV, TX, OR or WA, but that has changed. From the people I know Boise seems to be the new first place with Atlanta and Nashville, Chat following.
But who knows if they are good for investing. Many people who leave CA sell a house and buy a great house for cash when they move.
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