Looking to Invest Out of State--ATL

[Account Closed]

Hello all. I am an experienced observing investor watching others in the background and finally want to make some noise actually investing, to be full time in the next year to replace my income. I am from Long Island and looking to invest in Atlanta due to the prices being more reasonable. Cash is king. 

Any advice on investing our of state? I am considering buying and flipping but will need to build a team in Atlanta to monitor progress, contractors, attorneya , etc. I want to flip first to build cash reserves, then buy and hold?

Any advice on towns with great flipping opportunity?

Thanks in advance.

De Vonté

[Ericka Parrott]

I know New York is pricey compared to GA. But, there are plenty of people investing in the New York-New Jersey-Philly area. 

I suggest you look for deals within 2 to 3 hours drive from your current location. 

You'll have the advantage of knowing the area better and quickly responding to problems with contractors, materials, city code enforcement, and everything else you run into when doing a flip.