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Updated over 9 years ago,
Use an investor group or partner up locally?
I am new to BiggerPockets and Real Estate Investing but I am very excited because I think I have found what I want to do for the next 15 years!
I live in an expensive area and can't afford to buy locally. After listening to podcast number 73 with Mehran Kamari and how he partnered with a local to build his business with. I want to start buying rental properties out of state.
I have already been approached through the BP about an investor group looking in emerging markets across the country. But I think the returns would be more if I find a local partner to inspect properties for me.
I am interested in hearing the pro's and con's for someone starting out? Or what you think the best path would be for a newb. Thanks.