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Updated about 4 years ago,
Out of State Investors: What would you choose?
Hi BP community. My name is Jordan and I'm a new OOS investor (and as a new real estate investor in general). After reading as many books as I can and doing the best possible research I could do, I found myself with a couple of potential markets to invest in BUT ONE BIG QUESTION:
As an OOS investor, would you rather invest in an area you are familiar with, in which you have a network in place and people you can trust OR would you go for a market you are not familiar with, but have stronger ROI and CoC numbers? Both are profitable, btw.
Post your answer and if you don't mind your "why". Thanks!