Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Out Of State Investing Is Possible @lattes.and.leases

27 Jan 2023 · 0 min

Watch on YouTube

0:28

In this brief introduction, the speaker— a full‑time real‑estate investor living in San Jose, California, the nation’s most expensive housing market— explains why they focus on out‑of‑state investing. They have built a portfolio of 31 rental units (soon to be 32) located in Ohio and Georgia, comprising a mix of long‑term, mid‑term, and a few short‑term rentals. The speaker highlights the geographic diversification and varied rental strategies as a response to the high cost of operating in Silicon Valley.

I am a full-time investor. I've built my portfolio out of state because I'm living in— literally, it was voted the most expensive market in the entire country. It's in San Jose, California, so kind of smack dab in Silicon Valley. I have 31 units, will be 32 units next week, a combination of long-term rentals, midterm rentals, and a couple short-term rentals in Ohio and in Georgia. So that's kind of a little bit about me.