Out of state investing

[Stephen Rodrigues]

We sold our SFH rental last year and want to jump back into the rental game.

We live in Massachusetts and entry points are high. With that we’ve been looking out of state.

my wife did a travel contract during Covid, living in Biloxi and working in Gulfport. I was intrigued by the market and it appears you can get into SFH relative cheap. Keesler Air Force base being near by was what peaked my interest, as you'll always have steady renters.

We’d like to do section 8 or military. The idea of buying out of state seems overwhelming. I have reached out to multiple realtors in the area and most have been unresponsive or not very impressive.

How are you all making your connections and building a team outside of your area? Any other tips for doing the out of state thing? Any of you in the Gulfport market?

[Joel Case]

Quote from @Stephen Rodrigues:

Did you use the BP agent finder? I know that a few of the local realtors who are active at the REIA are on here, including myself. The Biloxi market, in my opinion, is a strong market ripe for investing. BP had an interesting article: https://www.biggerpockets.com/...

The barrier to entry may be a little higher than the Ohio market, but having Casinos, the Gulf of Mexico, Keesler Air Force Base, the Seabee base, and Stennis Space Center make this more appealing to me than the other budget markets. I am a bit biased since I live and invest in the area. 

Feel free to reach out to me if you have any questions or want to discuss investing in the area, I am always happy to help.