Buying Out Of State?
I live in Los Angeles, which is very expensive.
I was thinking of buying a property out of state, and wanted to ask people what their experience has been.
Has anyone done this? Has it worked out well?
[ Edited by russell199 on Date 07/30/2007 ]
try Washington, south Texas, and Carolinas. When you have distance, get a simple, clean deal and a good management company.
I am seeing several investors from CA investing in the Huntsville, AL market primarily because of the high tech infrastructure, lower cost, and the major base realignment (BRAC) which is relocating thousands to the area.