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Updated about 5 years ago,
Fear of buying outside of your local area
Hello,
I live in Virginia Beach where it's not the easiest to find cash flowing properties (homes are expensive, rent is fairly low). I'm considering purchasing outside of Virginia but I currently have a fear of the unknown.
1) Having to find a broker, agent, property manager, etc.
2) Finding a location that I can confidently buy and rent. In VB, I know the neighborhoods, rental costs, etc.
Has anyone dealt with this before/how did you get over it?
Thanks,
Stephen