Investing in a property in Texas or Florida while living in Cali

[Igor Khait]

Hello BP community!

I'm 34, living in Los Angeles and looking to possibly invest in either Texas or Orlando, FL this year. 

I have no debt, credit score over 800, and have money saved up for a down payment, etc.

Since it would be my first real estate investment (I'm considering going the SFH route unless there are better options for homes around 275K range), in particular a long distance one at that, what would be the best strategy to start with? Get pre-approved for a loan, then find the best agents in Texas/Orlando area?

Whoever has experience in cross-country investing, how did you get started? Things you learned along the way and things you would've done differently.

Thanks all,

Igor

[Phong Tran]

@Igor Khait I would highly recommend giving David Greene's book " Long Distancing Real Estate Investing " 

David lays out an exceptional plan on long distancing investing, with utilizing your "Core Four."

Don't be set on one contractor or agent, take some time and shop around!