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Updated over 7 years ago,

User Stats

401
Posts
307
Votes
Caleb Bryant
  • Rental Property Investor
  • Huntsville, AL
307
Votes |
401
Posts

Out of state deal, looking for some advice

Caleb Bryant
  • Rental Property Investor
  • Huntsville, AL
Posted

Hello Bigger Pockets family!

I am a young investor from Nashville area Tennessee and I am pursuing a few deals in the Jacksonville, Florida market in the multi-family segment. I have a few deals available to me and I am flying down this weekend to inspect the market more thoroughly on the ground. I have a few questions for anyone who has experience investing in 10+ unit apartment buildings out of state:

1. When interviewing a property management company, what are some specific qualities you look for, and do you have any specific questions you like to ask them?

2. Any key things in a neighborhood that you look for and what things in a neighborhood do you like to avoid? i.e. I don't like being near storage facilities or dry cleaners because who knows what hazardous materials have leaked into the ground and spread. 

3. Any general advice on what is most important to do during a two day market analysis trip?

Thanks in advance!

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