Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 6 years ago on . Most recent reply

User Stats

5
Posts
0
Votes

Out of State or Locally

Jimmy Jean-Louis
Posted

My name is Jimmy I was able to save $20k for real estate investment.  I have a 30 day challenge to buy a rental unit, single or multi.  My  price range $50k - $80k.      I live in Texas Dallas / Fort Worth.  It's very difficult to buy a decent house in that price range.    Should I invest out state or invest in my own backyard? If I do invest out of state how do find get a team to help with renovation? or Should I jut invest in a turnkey property?  Help please.  I can be reach  voiyagetravel @ gmail.com  

Most Popular Reply

User Stats

105
Posts
68
Votes
Frank Maratta
  • Rental Property Investor
  • Connecticut
68
Votes |
105
Posts
Frank Maratta
  • Rental Property Investor
  • Connecticut
Replied

@Jimmy Jean-Louis

My personal advice would be to start local for your first property. I can't tell you the amount of times that I need to be on site for something. Although I do manage my own properties and cannot find a good property manager in my area. I also believe that managing yourself will enable you to learn a lot more on your first property. If you can't find deals off the MLS, try to think creatively ! Driving for dollars ect

Loading replies...