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Updated about 18 hours ago on . Most recent reply
Out-of-State Investors: What Would You Change If You Started Over?
For those who invest out of state, if you could go back to when you first started, what would you do differently? Would you choose a different market, build a better team, or take another approach? Looking to learn from those with experience in remote investing!
Most Popular Reply
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@Zane K. what we see investors doing wrong:
1) Not understanding Class A, B, C & D properties and HOW their ROIs are different.
- Property Class will affect location, tenants, maintenance, vacancy, etc.
2) Not doing enough of their own due diligence when buying a property.
- Trusting agents & PMCs too much!
3) Naively expecting paper results to be real results.
There's a lot more, DM us if you'd like to chat about them.
- Michael Smythe
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