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Updated almost 9 years ago on . Most recent reply

User Stats

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

276
Posts
68
Votes
Jeremy Jackson
Pro Member
  • Real Estate Agent
  • Brandenburg, KY
68
Votes |
276
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Jeremy Jackson
Pro Member
  • 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

  • Jeremy Jackson
  • Loading replies...