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Updated over 5 years ago on . Most recent reply

Buying property in another state - How do I do it???
Hello Bigger Pockets Community!
Currently I live in NYC and am looking to invest in a property (first one). As many of you may know, NY is expensive! Because of this, I'd like to look into a rental property out of state since the prices can be much lower (estimate about $40k down payment). I've done some research and saw that Florida (Tampa for example) have homes within the price range I'm looking for.
My question is how do I go about doing this? Do I need a lawyer/accountant from the state of purchase? Any suggestions on up and coming cities that show appreciation and rental potential?
Thanks!
Most Popular Reply

Buying properties out of state is easy you have to have a great team on the ground to be your eyes and ears and hands.. I do a lot of work in Ohio and Missouri where there are great prices and returns and yes you can get a property there duplexes even for 40 k fully renovated and rented and property management all in place . More then willing to share my contacts they are great people