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Updated almost 8 years ago,
Advice needed on attracting out of state investors.
Hello BP nation!
My name is Brad and I am a newly licensed Fl Realtor. While I grew up in the land of milk and honey(Tampa, FL) where property is cheap and there is cash flow, I now live in LA, the land of Almond milk and Organic raw Manuka honey, where everything is a fortune.
I got licensed in Florida because I found a need for people out here with some money to invest out of state since they have read Rich Dad, Poor Dad and subscribe to BP instead of competing with established LA agents.
My question is this...
Since most people would be too intimidated to invest out of state, how can I show these clients that it is not only doable, but profitable and worth it?
I have feet on the ground in central Florida to send video, pics, etc., a broker with tons of experience flipping and working with investors, the ability to fly to Florida if need be, and a solid grasp on the numbers FL real estate offers compares to California.
What else would you do or have in place? Keep in mind, I am just starting out on the agent side of the business.
Any specific ideas or insight you have is highly appreciated. Thank you
-Brad