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Updated about 3 years ago,
Looking to network with out of state investors
Hello,
My name is Ezekiel and I am a young inspiring investor. My background is in marketing, e-commerce automation, and youtube automation. This is my first week learning about of out of state investing and I have been researching religiously. I would like to take action asap.
This is what I've researched so far to get started:
Look for potential markets by studying the macro economics.
- Research neighborhoods. Understand A/B/C class neighborhoods and what we want to invest in
- Check safety/crime, schools,
- Check population drivers
- Check population growth
- Check income growth
- Check if the state is landlord friendly or tenant friendly
- Check regulations within each state
- Check if the properties fit the 1% rule and run analysis on numbers
- Narrow to 2-3 markets. Meet people and ask questions, find some people in the market.
Look for your team:
- Insurance
- Lender
- Agent
- Property Manager
- Only do a deal if you have someone boots on the ground
Any market recommendations would be greatly appreciated.
Also, if there is any way I can provide value to you, please let me know. I am honored and humbled to be in such a great community and help out any way I can.