LTR multiple location advice

[Jake Warren]

hey bigger pockets looking for advice on when I find deals should I focus on keeping the properties in one area with one property management company? would it be a bad idea to have LTR OOS and also have them in Canada as that's where my primary residence is?

[Bryan Blankenship]

Just like investing in the stock market, diversification hedges your risk.  Investing in different areas of Canada and the United States will hedge your risk to market downturns as long as you are buying the right way.

I personally have OOS clients that LOVE working with my team and I.  

Any market that you're interested in, there should be a quality provider in that area that you will need to vet so you can be confident about your goals being met.

As far as PM goes... if you find a management firm that consistently gets the job done and is 100% TRANSPARENT then it's probably best to maintain that relationship as they probably won't like you working with their competitors.  The latter is up to you though.  

We try to keep our clients in-house as much as we can but we would never force them to use us as PMs if they do buy properties through us.

I hope that helps sir! 🙂