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Updated almost 4 years ago,
Buying Sight Unseen - Advice for new Out of State Investor
Hello Forum
I'm about to jump in to my first investment property. As my home market is unfavorable (Bay Area), this is going to be an out of state venture. I've drilled down what I want and have identified several properties I'd like to offer on. Any suggestions on what to beware of, ensure happens etc when dealing with a long distance purchase. I'm working with an agent and have a property manager/contractor set up once the purchase is completed. Both are professional and trustworthy. But I may not be able to fly out to tour the places prior to purchase. All advice is greatly appreciated. Thanks