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Updated about 1 year ago on . Most recent reply

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Noah Chiero
  • New to Real Estate
  • San Diego
10
Votes |
1
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New investor looking to purchase out of state

Noah Chiero
  • New to Real Estate
  • San Diego
Posted

Hello Everyone,
My name is Noah and I currently reside in San Diego. I'm still in the research phase but I'm looking to pick up my first SFH property out of state. I'm hoping to connect with other California investors in the same boat and learn from people who successfully manage properties out of state. I Look froward to meeting and connecting with fellow like minded people.

Most Popular Reply

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1,215
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1,525
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Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,525
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1,215
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Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

Hey Noah, 

I would first find a market that is suitable for you and showing signs of potential market growth. Then I would focus on growing relationships and building your core 4. Having a team in place is essential to long-distance investing. The core 4 consists of a realtor, contractor, property manager, and a lender. Once you have this team in place, you should have the foundation to invest in any market confidently while not being there physically.

There are some great opportunities in the Ohio markets. Many investors from California, are choosing to invest in the midwest because of the yearly returns making more sense in these lower priced markets.

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Reafco - Samuel Diouf
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