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Updated 9 months ago,
- Real Estate Consultant
- Mendham, NJ
- 7,573
- Votes |
- 6,627
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Do These 3 Things To Choose An Out-Of-State Real Estate Market To Invest In
1. List every town you have ever lived in.
2. List every town where your closest family and friends (only the ones you trust) live.
3. Check those two lists against all of the lists and articles you have been reading to see where the closest crossover is.
That is how you find a competitive advantage.
If you build an out-of-state funnel with everyone you just met, you will not have a competitive advantage.
Number 1 above gives you a personal, geographic advantage. You know the streets. You know the area.
Number 2 above gives you a boots-on-the-ground advantage. You only need someone to take videos of the right things and provide honest feedback about the block.
Let me know if you have any questions or comments below. Too many investors make bad choices on out-of-state markets because of a random Top 10 list.
- Jonathan Greene
- [email protected]
- Podcast Guest on Show #667