How to Start Investing Out-of-State!

Here in California, we are getting up there in prices. While we still have some space to go, for those investors that don’t want to play in a higher priced market, investing out of state might be the answer.

For instance, the price of one SFR in San Francisco (or a few homes in Sacramento), you can buy an entire apartment, mobile home park, or other commercial investment with the same or higher returns.

Stability, barriers to entry, cash flow, and ROI are all reasons investors consider out of state real estate purchases. But how do you get around the challenges?

No doubt, there is a learning curve to investing out of state, including lack of familiarity of the local market, overall market cycle, and the distance which requires reliance on other people for management. BUT, if you can muster a team and learn the ins and outs, oh my goodness, the returns can be phenomenal!

So where do you start? At our April meeting, we will walk you through some of the basics of investing out-of-state and how to get started. (Many of these skills ARE 100% applicable to your hometown AND will make you a better local investor!)

Each real estate niche has different cycles. It’s important to know where to find this information. We will discuss how to understand cycles, emerging markets, what questions to ask and to whom, how to build your on-site team, and understanding the numbers. You have to know the math! (And it’s much easier than you think!)

As an out-of-state investor, one thing I have received back that really surprised me was my time. I have to be smarter about how I deal with other people, but I am no longer jumping into my car, driving to the project site. Out-of-state forces you to be more hands-off. With these new off-site skills and ability to use OPT (other people’s time), I REALLY look forward to the next downturn in California!

Meeting BONUSES!

*** Freebie Handout – Websites to do your research through and tips
*** Free Book – George Antone’s latest book, Hacking Finance will be given to all attendees!
Bring your questions and your notebook!

About Our Meetings…
Sacramento Real Estate and Investment club Meetings follow the same general format every month:

6:30-7:30 pm: Come early for NETWORKING (Bring business cards!)
7:30-9:30 pm: MAIN MEETING (including market updates, live investor profiles, a one-hour speaker presentation, and much more)
9:30 pm – On: Stay after for MORE NETWORKING
As always, FREE to Annual Club Members, $20 Non-members

Where? At the Sacramento DoubleTree Hotel (Across from the Arden Mall)
2001 Point West Way, Sacramento, California, United States 95815

To find us, ask the front desk where Capital City Wealth Builders are meeting (and for a free cookie!)