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Updated almost 3 years ago,

User Stats

16
Posts
8
Votes
Manan Patel
  • Investor
  • Seattle, WA
8
Votes |
16
Posts

New Investment - Out-of-state Investing

Manan Patel
  • Investor
  • Seattle, WA
Posted

Hi BP Family - 

I recently bought a multi-family (duplex) in Columbus, OH. I will be closing on the deal next week. As I put on the 'Landlord' hat, I want to reach out to y'all to get your advice/suggestions. Appreciate it if you all can shed some light on the topics below.

> Property insurance and protection - important coverage and $ limits. I want to know I am not missing anything so please suggest your 'make-sure/must have'

> Property Management - how to pick the right one? What are some of the do's and don'ts and things to make sure of while signing the contract? (open for a recommendation)

> Monitoring - what are some of the ways I can keep an eye on the property? (I can only think of security cameras) 

> General - open advice from your experience that might help systemize the ownership and operation of the out-of-state investment.

Thanks,

Manan

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