Outside of California?

[Danielle Friberg]

Hi. We are fairly new investors (house hacking in San Diego and single family in Palm Desert) and are interested in investing outside San Diego and California. Does anyone else invest in multifamily real estate outside California? If so, how did you choose your market? Any tips on where to start? -Danielle

[Andrew Johnson]

Danielle Friberg Pick some place where you have some kind of non-spreadsheet advantage. A town you went to college in, where a distant aunt lives, etc. Just some place where someone with no commission go earn can give you a bad vs. good opinion. Otherwise, you just end up like everyone else that crunches the same numbers from California looking to find our version of golden cash-flow in the Midwest :)