Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Active Duty Military: Attempting to invest from overseas
Hey everyone, I'm currently stationed in Germany on active duty. Own a few SFH rentals and flipped a few, still a newbie. My wife and I plan on staying in Europe for a few more years but we are looking into purchasing a 2-8 multifamily unit either in TN or NC around the large Army bases where we have previously lived and know the area. I have a trusted realtor at each location as well as management firms that I currently use. The management firms will arrange for necessary repairs after purchase and then take over managing the place. I would not be able to get a first hand look personally, would rely on realtor and inspection report. This is risky I know, looking for what are the immediate concerns that make you experienced investors cringe at this idea.
Thanks