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Updated almost 5 years ago on . Most recent reply

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73
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54
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John Cornelius
  • Florida
54
Votes |
73
Posts

What are you doing TODAY to help yourself invest out of state?

John Cornelius
  • Florida
Posted

Hey everyone,

I'm sitting here in beautiful Van Nuys, CA stuffing envelopes for some direct mailing in Florida. I'm wondering what everyone else is doing today to help grow their out of state portfolio. I grew up in Florida and have family members that can look at properties for me while I'm in California. 

Most Popular Reply

User Stats

32
Posts
13
Votes
Hanah Frickers
  • Lender
  • Collinsville, IL
13
Votes |
32
Posts
Hanah Frickers
  • Lender
  • Collinsville, IL
Replied

@John Cornelius great question! 

Personally, I find myself getting overwhelmed with the sheer amount of sources out there for the next best market to invest in: I am certain there is no one right answer as each of us has their own unique circumstance. I for one have decided to list my minimum criteria (min cash flow, ROI etc) that I'd be happy with and talk with my close network of people to learn from them where they are focusing on. I then search these areas and simply analyze some deals to see what works. Disclaimer, I am a newbie to US investing and so no market is local for me though I do live here now.

Best of luck and I look forward to learning from everyone else’s response!

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