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Updated over 4 years ago on . Most recent reply

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Andrew Z.
  • CA
4
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Buying real estate out of state

Andrew Z.
  • CA
Posted

Hello All, I am looking to purchase a turn key property with a management company. I am looking at Ohio, Tenn, Texas, or the Kansas City area. Does anyone have a turn key/management company they recommend and some pros/cons of these different states. I am in California and out of state investing makes more financial sense, as well as California not being landlord friendly. Thanks

Most Popular Reply

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Remington Lyman
#2 Multi-Family and Apartment Investing Contributor
  • Real Estate Agent
  • Columbus, OH
6,588
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5,595
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Remington Lyman
#2 Multi-Family and Apartment Investing Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
Originally posted by @Andrew Z.:

Hello All, I am looking to purchase a turn key property with a management company. I am looking at Ohio, Tenn, Texas, or the Kansas City area. Does anyone have a turn key/management company they recommend and some pros/cons of these different states. I am in California and out of state investing makes more financial sense, as well as California not being landlord friendly. Thanks

I recommend you skip the turnkey model and just create your own turnkey team. You can do this by developing your Core 4. The core 4 is David Greene’s strategy for long-distance and made up of a realtor, contractor, property manager, and lender. Once you have this team in place, you should be able to confidently invest in any market.

  • Remington Lyman
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