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 about 17 years ago,

User Stats

59
Posts
9
Votes
Mikey Cas
  • Real Estate Investor
  • New York
9
Votes |
59
Posts

am i CRAZY? or is this possible

Mikey Cas
  • Real Estate Investor
  • New York
Posted

As Ive been reading through some threads what the maximum distance should be for someone to invest in a property, it seems the consensus is no more than an hour. Where I live it is impossible for me to invest anywhere near me with my financial situation and cash and funding available. The average home price is around 400-500k. But what I can say is that I found some nice potential deals that are between two to six hours away maximum in various cities and towns, where I can afford them and the cash flow works. I have contacted several property managers that have been in business for some time. Am I foolish to invest in a property that far from where I live. I figure the property management in place will be the deciding factor, because otherwise traveling up to 6 hours seems ridiculous. What do you guys think?

Loading replies...