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Updated over 6 years ago, 04/26/2018
Purchasing first real estate out of town
Hey guys, my name is AJ and I’m a real estate investor in the Maryland market. I am currently using direct mail marketing to attract motivated sellers. It seems that my market may be a terrible market after seeing what most people had to say about it in the BP forums. I have not gotten any response from my direct mail. I’ve sent over 1,000 letters to Pre-foreclosure homeowners and absentee owners.
Now I was looking to maybe start looking at other markets. Would it be wise to start investing in an out-of-state market on my first couple investments?
Eager to read what insights you guys may have about this.