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Updated almost 3 years ago,

User Stats

3
Posts
3
Votes
Tal C.
3
Votes |
3
Posts

How do you choose a remote investment property

Tal C.
Posted

I would like to do BRRRR and I am out of state (actually out of the country, but I am a US citizen and have lived in Illinois). I would love to invest in real estate in the US. However, my knowledge of the various markets is extremely limited. I see many great looking deals on Roofstock, but it seems as if their properties are overpriced and their "4 star neighborhoods" are ones that I'm told are not good at all, neighborhoodscout says it's number 2 on the crime index out of 100 (1 being the worst), areavibes gave it an F rating on crime, employment, schools, and housing.

Basically, I am new to real estate (never bought a property) and not sure how I am supposed to be assessing the neighborhoods and properties for remote investment and would appreciate any help I can get. I'm not really looking for a turnkey provider (I think at the moment at least) as I would be interested in doing BRRRR.

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