LA Tech Consultant Wants to Invest!

5 Replies

Hello BiggerPockets! I recently graduated from USC with a Masters degree in Computer Science and started working as a tech consultant in Los Angeles California. I'm looking to slowly accumulate rental properties over the years to achieve a sizable cashflow and earn my time back on my own terms. Upon initial glance, it seems difficult to achieve positive cashflow in California. I'd like to try investing out of state, and would be eager to connect with other investors who have experience investing out of state. Looking forward to interacting with you all!

@Jerry Zhang

Welcome!  I know there are quite a few on here doing out of state.  I understand it is hard to get started in CALI in real estate.  I'd do a search on low cost of living growth (GDP and/or population) markets, if I was you Jerry.  Places that are growing, 

Also, I'd do a quick few hours of digging on even zillow, and get some data points of highest ratio of average rent price/average sales price of SFH.

This will get you pointed in the right direction to get independently informed... Plenty of folks here will weigh in on certain markets, but I bet if you're willing to do something like that are share some results you will get more responses but also have a good foundation to start filtering suggestions.

Welcome to the BP family @Jerry Zhang !Good to have you here! Here are some recommendations for you: 

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Wishing you the best!

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