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Updated almost 9 years ago,
Out of State Purchase- Do you have the PM and the Realtor agree..
I will need to purchase out of state (Colorado) to get the returns I am looking for. I have narrowed my focus to Philadelphia, Oklahoma City or parts of Florida. Since I am not familiar with these areas, my question is:
After I have selected 3/4 strong candidates for purchase- Do I bring the Propery Managment company with me when the realtor is showing properties?
My thought is that I have a limited amount of time(and don't know the best areas beyond public data) and want to keep both honest. I would feel more comfortable with the purchase if the PM is confident they can keep the place rented and confirm it would be in high demand. Realtors are working for commission and just want the place sold.
I appreciate any advice here as this will be my first purchase. I may be in analysis paralysis but really want this to to be successful and have worked hard to make this possible.