Looking to grow my network of investors here in Oakland that are investing out of the state
Check out the meetups here on BP, & meetups.com, plus a Google search. As I recall there's 1 on the peninsula & 1 in the east bay. There's also some in Sacramento area.
Looking to grow my network of investors here in Oakland that are investing out of the state
Good stuff man @Cam Fillmore. There is a ton of investor groups and biggerpockets is one of the best. Tons of group are investing out of state from California.
I would focus on finding a good market in the midwest where your investments would make sense from both cashflow vs. appreciation.
You want a market that is tech driven, landlord friendly, and affordable. That will mean more jobs, more income, higher property prices, and better opportunity for your rental to perform better.
Any state in the midwest works. Find a major city and only invest there. Connect with a good investor-focused agent who is also an investor themselves. Have him connect you with his team of contractors, lenders, property managers. Go visit the market.
Your agent will send you good investment opportunities off-market and on-market. Ask for rent comps, sales comps, info on mechanicals, and have agent find out how far on the price you guys can go to make it make sense.
Get inspection/contractor walkthrough, speak to PM on rents, and that is all.