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Updated almost 10 years ago on . Most recent reply

User Stats

34
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4
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Paul Scalcione Jr
  • Investor
  • Coram, NY
4
Votes |
34
Posts

Investing out of your Home State

Paul Scalcione Jr
  • Investor
  • Coram, NY
Posted

My fiance and I have been searching every day for a duplex or triplex in our area. So far, we haven't found one that is workable. Orignially, we had thought that it would be better to landlord our property from close by. However, we started looking out of state and have been finding more opportunities. Now, our problem is figuring out how to get to see those houses in person without spending a lot of money on plane tickets; money which we feel is better saved towards the overall down payment on a property. How could see houses in other states? Are there other investors that would be willing to look at a place for us and give us their opinion of the property? We are willing to do the same in turn.

Most Popular Reply

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3,825
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968
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
968
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3,825
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Larry Fried
  • Investor/RE Broker
  • Eugene, OR
Replied

@Paul Scalcione Jr

 Turnkey is defined in different ways by different providers.  As a turnkey investor myself, what I want is to be able to invest in a property that is fully rehabbed with tenants in place at closing.  The property management is either under the same ownership as the seller, or closely affiliated.  Very good property management is key to a successful investment.

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