Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 11 months ago on . Most recent reply

User Stats

3
Posts
13
Votes
Kevin D.
13
Votes |
3
Posts

How do you build a team as a beginner out of state investor?

Kevin D.
Posted

I'm looking to buy my first rental property. I live in CA and want to buy out of state. I am a buy and hold investor looking to buy a small single family home that at most needs major cosmetic work done. My question to you all is how do you go about building a team and in what order do you recommend doing things? For example 1) Should you find a real estate agent before or after finding a house you want to put an offer on? 2) Do you hire a property management company before or after you purchase the property? 3) Will an agent and PMC help you find good deals? Any other suggestions you could offer a beginner would be appreciated.

Most Popular Reply

User Stats

4,180
Posts
3,853
Votes
Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,853
Votes |
4,180
Posts
Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

Short answer; don't buy OOS, find/buy/create opportunities in your backyard.

Long answer; you need facetime with these professionals and they need to value your time (take you serious). If you're looking OOS you need relationships, market research, and a niche that fits your buy [box]. Without that you have nothing. You're throwing darts at a board with one eye closed hoping to get lucky. 

Loading replies...