Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago,

User Stats

21
Posts
5
Votes
Bao-Chau Tran
  • Mount Vernon, WA
5
Votes |
21
Posts

Buying Out of State for New Investor

Bao-Chau Tran
  • Mount Vernon, WA
Posted

Hello,

I am new at real estate investing and I have been actively learning, as well as looking at real estate properties for sale. I have come across several good bank owned REO, which is being sold through property manager group. I found this advertisement on the BiggerPockets' marketplace. I am a bit hesitant to proceed because these properties is out of state. Because I don't really know much about these out of state market? I am not sure how I should handle out of state properties.

Do you have any advise for me? Should I avoid this? Or proceed with caution? These deals are low enough that I think I should at least look into it. But again, I don't want to invest because of cheap price. Many thanks!

Loading replies...