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Updated over 1 year ago on . Most recent reply
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new to out of state Long term rental property investment
Hi everyone, im new to out of state rental property investment, the places im considering are Indianapolis, Cleveland, OH, Des Moines and St. louis Missouri. im planning to create a team before starting the process that includes real estate agent, property management, contractor. Im also looking at opening a Wyoming holding company and LLC (where cities/state im investing with). Im still in the process of educating myself and attending some classes. Im not sure if Im doing it right or am I missing something? Im a lil bit overwhelmed regarding the start up process but I know it will be alright. im just trying to get a bit of idea on where to start. thanks
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I agree invest locally, to learn how to landlord before you start with out of state investing. Just my opinion