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Updated almost 6 years ago on . Most recent reply

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Jordan Santiago
  • Investor
  • Queens, NY
152
Votes |
327
Posts

INVESTING OUT OF STATE

Jordan Santiago
  • Investor
  • Queens, NY
Posted

What are the cons of investing in rental properties out of state? Financial wise. Thank you.

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2,953
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

Pros - same money, you'll learn to manage human capital more efficiently, you have FAR better markets available to you

Cons - haven't' noticed any yet

Investing OOS is awesome, and easy. Living close doesn't provide any real benefits imo It's not like you can go to a tenants house and shake them down when rent is late. All investing might as well be long distance.

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