San Luis Obispo, CA · Member since 2018 · 3 posts · 0 votes
Hello, I was turned to Bigger Pockets podcast by a good friend of mine about 2 months ago. I've been slowly trying to catch up on episodes and just recently made my way to this website. There is so much good info! Im 31 years old and practice general dentistry in the state of California. My question for you guys is, how feasible is it to invest in a state like California? Prices are so high, especially when I hear stories on the podcast of people buying in other states. Does anyone have a forum post or blog post that explains what its like to invest in real estate in other states? I want to look into how Oregon is. Im very interested in doing this as CA is so pricey, but I'm very weary of how I would manage this.
Thank you for any input you can provide and thanks for the great information
From SLO? I love SLO! I live a couple hours away and I absolutely love going wine tasting in that general area (I usually start in Paso then move towards SLO and the coastal areas). SLO is a great place to live.
And yes, prices are too high in most big cities in California. But there are some parts of CA that are still affordable and cash flow. I'd highly consider just looking inland from where you are (like in Kern County). It's affordable, cash flowing, and growing. 90% of CA is appreciating so much that there's no room for cash flow after mortgage and other expenses.