Out of state investing

[Antonio George Trujillo]

What are some of the main key points some people look for in out of state rental properties?

Looking into out of state as the market i live in is very pricy.

[Hoa Nguyen]

Key things that I have picked up on with convos with experienced out-of-state investors. 

1. Have a good realtor, contractor, and property manager connection.

2. Look in areas close to, but not in, major cities. Many people commute to work in those cities, and the outskirts provide more available investment opportunities.  At the same time, don't look to far as the farther you go away from a major hub, the more likely homes will be purchased not rented.

3. DO YOUR DUE DILIGENCE. Sometimes deals are too good to be true, make sure to do your detective work. You could save thousands.