Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Out of state deal, looking for some advice
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!