Looking for Out of State BRRRR Opp.

[Sam Lee]

Hello,

My name is Sam, and I work as a lighting project manager.  My company is a lighting distributor (material supplier) for commercial and high-end residential projects.

The projects I manage vary from $10,000 to $350,000, and I help supply lighting fixtures and controls (from simple dimming switches to fully automated systems).

Currently, my wife and I are finalizing our HELOC docs, and we are looking to invest in out-of-state rental properties (we are in Southern California).

I’ve been browsing Phoenix and Jacksonville areas so far, and I am open to other marketplaces if the numbers make sense.

I am profusely reading books and listening to podcasts to prepare myself to find and close my first deal, and I signed up to attend the Real Estate Rookie Bootcamp Weekend.

Hopefully I will get to meet and network with fine folks who share similar goals and values, and I look forward to connecting with y’all on this forum!

[Wale Lawal]

Welcome to BiggerPockets, you are definitely in the right place. Just make sure to consume contents here as much as possible and feel free to ask any questions you may have. We are here to help each other grow.

When it comes to picking your market, make sure to figure out what your goal is (cashflow or appreciation) then set a return criteria that you'd be happy with. Once you've done this you can search for a market matching your criteria.

Goodluck!