Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate 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 7 months ago on . Most recent reply

Account Closed
  • DFW
27
Votes |
62
Posts

What is it like to be an out-of-state investor?

Account Closed
  • DFW
Posted

I recently moved to Texas from California and plan to move back to invest out of state. I am wondering if anyone has any advice, pros/cons, and tips on investing from out of state. How hard is it to network? How do you find deals? What is the purchase process like. Currently,  I use direct mailers, so I am curious to know what avenues other take. Other than that, i would plan on flying out to inspect properties. In terms of sellers, I plan on negotiating with them directly with no agents. If anyone has experience with doing private deals, please share your experience. Much appreciated! 

Most Popular Reply

User Stats

1,169
Posts
1,489
Votes
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,489
Votes |
1,169
Posts
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

I would not invest out-of-state without having a great team in place. I would recommend investing with in investment focused agent there are so many factors that you could mess up on when not using an agent and investing out-of-state. 

Read this article on the "core 4". It explains the team that you should develop to have a strong foundation under you while investing remotely.

https://www.biggerpockets.com/blog/core-four-real-estate-team

business profile image
Reafco - Samuel Diouf
5.0 stars
2 Reviews

Loading replies...