Updated over 6 years ago on . Most recent reply
Have you ever not been to a rental property ?
I live in NY and have noticed it’s too expensive for me to invest here at least locally.
Have you ever purchase a property that you've never stepped foot in? Or at least only visited once or twice? I see some friendly prices out of state and was wondering if I had to be there often. Was thinking of the BRRRR....
Your thoughts?
Thanks!
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Bill B.
#2 Tax, SDIRAs & Cost Segregation Contributor
#2 Tax, SDIRAs & Cost Segregation Contributor
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Bill B.#2 Tax, SDIRAs & Cost Segregation Contributor
#2 Tax, SDIRAs & Cost Segregation Contributor
- Investor
- Las Vegas, NV
I bought a $460k townhome on lake Minnetonka in MN from MLS pictures and I live in Vegas. After it was under contract I had a realtor walk it and an inspector
I did that 3 years ago. I haven’t been inside it yet. I want to retire there someday so I took a 7 year $2700/mo lease.