New member from San Francisco looking to invest out-of-state

[Aaron Hurst]

Hello BiggerPockets!  I'm completely new to real estate ownership and investing but am looking to gather some information to jump into some out-of-state buy-and-hold multifamily properties.  

I'm based in San Francisco, where the barrier to entry is a bit high (... to owning a home, let alone an income property).  My primary goal is to diversify my investment portfolio, while continuing to work my day job as a software engineer.

I'm currently focused on a few PA markets such as Lebanon, Lancaster, and Pittsburgh, where the numbers look more favorable and where I grew up and went to school.  

I hope to clarify some aspects to the investing and transaction processes that are still unclear to me.  This forum has been a great help already.  Thanks!

[J. Martin]

Originally posted by @Jonna Weber:

@Aaron Hurst - Welcome! Are you involved in the SFO area meet ups with @J. Martin?  I want to the Investing Summit a couple of weeks ago in Oakland, and met so many great people that live in the Bay area that are doing what you want to do.  I would highly suggest getting to know you local investors...it will expedite the learning curve!  All the best to you.  

 Aaron, welcome to the Bay Area BP crew! As Jonna said, there are lots of awesome investors here in the Bay Area, and I definitely recommend meeting other locals at meetups too. We usually meet up once a month in SF with my group, and @Ryder Meehan has a meetup in SF focused on out of state investing (I'll actually be speaking there next month on furnished rentals)

Thanks for the shout out Jonna :)