Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 9 years ago on . Most recent reply

User Stats

27
Posts
4
Votes
David Cornett
  • Bethesda, MD
4
Votes |
27
Posts

Cash flow investing and living abroad

David Cornett
  • Bethesda, MD
Posted

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

User Stats

277
Posts
68
Votes
Jeremy Jackson
  • Real Estate Agent
  • Brandenburg, KY
68
Votes |
277
Posts
Jeremy Jackson
  • Real Estate Agent
  • Brandenburg, KY
Replied

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.    

@David Cornett

Loading replies...