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Updated almost 9 years ago on . Most recent reply

User Stats

28
Posts
5
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Adrian Valdez
  • Newark, NJ
5
Votes |
28
Posts

Live in expensive market and am looking to start in other states. Do you have any tips?

Adrian Valdez
  • Newark, NJ
Posted

Hello biggerpockets I live in jersey city temporarily but the values on properties here are nuts, so I began looking in nearby states and I saw that 

Pennsylvania's prices are a lot like the prices I see around the forums. I was wondering if you guys had any advice on how I should approach this venture . One more note I don't have a car yet so most of my travel will be through train or what ever. 

Sorry for the bad typing I can not see what I am typing on this phone 

Thanks in advanced

Most Popular Reply

User Stats

222
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38
Votes
Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
38
Votes |
222
Posts
Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
Replied

@Adrian Valdez 

I live in Seattle, WA which is also a more expensive market.

I considered investing outside the area and used the following organization to familiarize myself with the cities I was looking at:

http://www.narpm.org/

Property manager are great because they have less of an agenda than real estate agents, are very familiar with the area and are typically investors themselves. Plus, my experience is that many of them are licensed agents, so it is nice to have the buying and managing under one roof.

No car, no big deal. Just start making the calls.

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