Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

32
Posts
7
Votes
Ryan Kawash
  • Hudson Valley NY
7
Votes |
32
Posts

Investing in my first rental property not close to where i live

Ryan Kawash
  • Hudson Valley NY
Posted

Hey guys!  So I have a question, my goal for this year (2019) is to close on my first investment property, more specifically, a small multi-family building.  I live in the Hudson Valley in NY.  I've looked around my area for multi-family homes but most of these homes have been built in the very late 1800's and early 1900's and many have some serious issues, and are not cheap to buy!  I was looking elsewhere somewhere like Orlando, FL.  My question is, what is the best way to invest in a multifamily home that is 1000 miles away, being that I would need to hire a property manager.  How much (about) do they cost and what's the easiest/best way to find one so that if I do invest somewhere far, I don't find myself needing to go down there

Loading replies...