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Updated about 2 years ago on . Most recent reply

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8
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16
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Slim Geransar
  • New York, NY
16
Votes |
8
Posts

Anyone doing or wanting to do out of state investing?

Slim Geransar
  • New York, NY
Posted

Hi, I live in NYC and obviously didn't make sense for me to invest here so I ended up buying in a state I have never visited (super scary to make that initial leap). I'm curious if there's anyone out there doing the same? What's your experience been like? For me, it's been amazing so far (apart from a few small issues).

Most Popular Reply

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1,785
Posts
1,909
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
1,909
Votes |
1,785
Posts
Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Hey Slim, I moved to Detroit from California in 2017. In 2019 I started building my rental portfolio with the goal of creating enough cashflow to move BACK to California. I managed to do it in ~2.5 years and now have 14-doors in Detroit. I'm back in CA now and loving it. If you or anyone is looking to get into the Detroit market I can help. My buddy runs a turnkey operation on the ground there and I have a great network.

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