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Updated about 4 years ago on . Most recent reply

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Stewart McGillivray
  • Gloucester, MA
0
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Out of state Real estate investing

Stewart McGillivray
  • Gloucester, MA
Posted

High price points and low inventory in my market. Looking to learn more about out of state investing. I have many question such as how do you choose a market, how do you create your team ? Are there any web sites or apps on iPhone that market to out of state investors?

Thanks for your help!

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Shiloh Lundahl
#4 Starting Out Contributor
  • Rental Property Investor
  • Gilbert, AZ
4,334
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2,737
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Shiloh Lundahl
#4 Starting Out Contributor
  • Rental Property Investor
  • Gilbert, AZ
Replied

@Stewart McGillivray some states are better/easier to invest in the others. States that are landlord friendly tend to be easier than states that are tenant friendly. You can ask questions on the BP forums about specific states to see if they are tenant friendly or landlord friendly and you’ll probably get a lot of helpful replies. Also, it is helpful to have a reason to invest in one state over another one such as, I like the state, or I have family there, or I wouldn’t mind visiting there, etc. I invest in Arizona where I live and also North Carolina. I lived in North Carolina for a summer and I like the area and the people from there. And the price points are good in the area I invest in so it works for me.

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