Quote:
Originally Posted by hybrid_eg
that's always a great model anytime depending on rental demand, for those of us living in socal we just need to find a dependable prop management firms to make it happen and of course be willing to be involved with out of state investments. As for socal those RE figures would be wishful thinking.. say in Orange County any preferred zip code will easily have a 1b/1ba 1000sqft will run you in low 400's to high 300's, which is simply absurd.. and mind you slight higher if not same rents as figures you mentioned. Those same condo's back in 2010/11 were sold for 185-250's, its all about perfect timing but in SoCal this is even more pronounced.
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Yeah, SoCal is definitely the Outlier. Seems like most of the TX cities (minus Austin), Arizona, Georgia, and maybe a couple other states would be the best fits.