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Updated almost 3 years ago, 02/25/2022
Out of State Investing
Good Afternoon,
Tristian Cox here from NJ. I am sitting on some refi funds and want to dabble my feet in out of state investing. I have two markets that I am considering but my biggest question is how do you even start this process. I have had a few people reach out to me from those markets. I see that that are actively doing deals. I guess my biggest question is how do you get started? Step 1: Go out there and drive around check out neighborhoods. I guess the reason why I am so hesitant is that I feel like how do I know these people from a can of paint. How do you build trustworthy relationships when you are in a different state? IDK...haha
My personal goal is to replace my current income and make 10,000 a month in real estate. Where do I begin? I have a good paying job in education but I want to get to the point where I don't need my job to live well. Any advice welcome!