Updated over 5 years ago on . Most recent reply
First Time Investor in CA
Hello,
I am new to the BP community but quickly indulging any advice, podcasts, books that I come across on here. I wanted to put my situation out here and gain any insight I can get. I am a recent graduate with 0 debt, $30,000 in savings, and a 700+ credit score.
I live in Southern CA and would like to move to San Diego in the near future so investments in that area would be favorable even though it is a competitive market.. maybe long distance investing could be an option?
Any insights are appreciated!
Most Popular Reply
@Cynthia Alexandra Sanchez house hacking could be a great advantage to you in California! You can have the benefit of living in your beautiful state without the high mortgage or rent price!
However to expand and grow I highly recommend investing OOS. Read David Greens book on long distance real estate investing and jump in! Here in Columbus OH we have a lot of Californians coming to take advantage of our affordable yet in high demand housing!