Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 9 months ago,

User Stats

6,627
Posts
7,573
Votes
Jonathan Greene
Professional Services
Pro Member
#1 Off Topic Contributor
  • Real Estate Consultant
  • Mendham, NJ
7,573
Votes |
6,627
Posts

Do These 3 Things To Choose An Out-Of-State Real Estate Market To Invest In

Jonathan Greene
Professional Services
Pro Member
#1 Off Topic Contributor
  • Real Estate Consultant
  • Mendham, NJ
Posted

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.

business profile image
Zen and the Art of Real Estate Investing
5.0 stars
9 Reviews

Loading replies...