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Updated about 3 years ago on .

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Looking to network with out of state investors

Posted

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.