Ready to buy first investment out of state

[Madeleine Musante]

I'm a new investor; my husband and I are looking to buy our first investment property out of state (we own our primary residence in CA) and do a BRRR. We are looking for a single-family home in the $100-$150k range. I've been researching markets and Huntsville, AL looks promising. I'm also looking at the Columbia, SC area, but I am seeing that SC property taxes are quite high, which is deterring me. We are on the verge of reaching out to a realtor in the Huntsville area, but just want to see if anyone has any advice or insight into the current Huntsville market before we proceed.

[Min Zhang]

Hi Madeleine, I suggest taking a look at this informative article about OOS (Out-of-State) investing, which emphasizes the significance of establishing your core team of professionals. You will need to get a local, rockstar Realtor, contractor, lender, and property manager.

https://www.biggerpockets.com/blog/core-four-real-estate-team

As someone who invests locally in Columbus, Ohio, I'm more than happy to provide you with a list of contacts in Ohio that can assist you in assembling your property management team. Let me know how can I help!