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Updated over 10 years ago, 06/24/2014

User Stats

95
Posts
31
Votes
Shawn H.
  • Investor
  • Carbondale, IL
31
Votes |
95
Posts

Buying local vs long distance

Shawn H.
  • Investor
  • Carbondale, IL
Posted

Local properties seem easier to maintain, and less risky to own. It seems like such a large barrier to overcome to purchase properties, in better investor areas. Don't know the rental markets, property managers, etc. In my local market, rents do not generally justify the purchase prices, many of the houses are old(1896-1930's), older than I want to maintain. How does one increase their risk tolerance/trust in others and overcome fear to invest in more profitable areas?

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