First, Second, Third Step...

[Eric Lau]

Hello,

I have my first closing in Indiana in April. Been looking all over other parts of Indiana, Ohio, Texas, Baltimore as well.

I admit I really enjoyed watching Morris Invest video but it never got me to the point of buying through them.

But took his points on landlord friendly states.

With that being said. Since I’ve done home work on multiple states and doing all the numbers.

As a starter, would you pick up a couple rentals in the same area (State) first.

This will be easier since, property manager lined up and a LLC formed.

Or

Goto another state and repeat step 1 again. Form another LLC and source property manager. Then acquire another property?

How did some of you approach this?

[Brandon Sturgill]

@Eric Lau I don't have any real need to invest out of state myself, but I invest in properties that are up to 100 miles from my home...I personally like consolidation...its just easier for a lot of reasons. Whenever I score a deal my approach has been to target the neighborhood hard for other deals. One difficult issue about being an investor is that we are opportunistic by nature...so, it's really a personal decision on where you invest and why...if a stellar deal comes up in a location outside where you own would you jump on it?...most folks would say yes and just figure it out...but its all relative.

Best of luck