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Updated 10 months ago on . Most recent reply

User Stats

14
Posts
7
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Kyle Allen
  • New to Real Estate
  • Denver, CO
7
Votes |
14
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Long distance vs hands on

Kyle Allen
  • New to Real Estate
  • Denver, CO
Posted

I’m looking to buy my first rental property soon and I’m not sure if I should get a hands on self managed property in Denver metro or a more affordable market out of state. 

Entry costs are lower out of state but I have a great Real Estate agent with a vast network I can capitalize on. 

Any thoughts?

  • Kyle Allen
  • Most Popular Reply

    User Stats

    1,169
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    Samuel Diouf
    • Real Estate Agent
    • Columbus & Cleveland, OH
    1,489
    Votes |
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    Samuel Diouf
    • Real Estate Agent
    • Columbus & Cleveland, OH
    Replied

    I personally think out-of-state investing is a top choice. You can invest in any market selecting the ones that you believe are seeing growth, and do it remotely. Once you get your systems down, you have a real estate business that you can take anywhere and be still be successful. I work with plenty of out-of-state investors who are seeing great success here in Ohio.

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    Reafco - Samuel Diouf
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