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Long Distance Investing
Hello Bigger Pockets world! My wife and I are new to investing, and we are looking to invest long distance in Baltimore, MD. We are looking for advice for long distance investing from experienced investors, any guidance would be appreciated.
Thank you in advance!
Greg Barthelmy
Most Popular Reply
We live in Phoenix and invest in Ohio. Make sure you have solid boots on the ground, a good realtor and network with local investors. We actually self manage the majority of our portfolio from 2300 miles away. I can collect a check and call the plumber just as well as a PM. The boots on the ground fill in the pieces where I can't perform remotely such as unlock a door or collect a lock box.