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Updated about 9 years ago on . Most recent reply

Cash flow investing and living abroad
Hey all,
One of my goals and reasons for wanting to get into investing is to be able to live and travel abroad 6 months out of the year. I understand that finding good property management will be required - any other strategies or issues that I need to look into? Any resources I should read? How should I go about broaching the subject with a property manager? I'd be worried about them taking advantage of me being so far away - is not telling them about my travel a viable option?
I don't want anything too passive, as I need high cash on cash return.
Any general advice would also be appreciated.
Most Popular Reply

You'll need a good property manager that you can trust. I would have a more direct approach with the pm and ensure they understood the circumstances and your plans. It's relevant. When searching for a pm, ask if they have experience with long distance relationships with owners.