Interested in out of state investments, looking to connect!

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Interested in out of state investments, looking to connect!

Kevin Liu
New to Real Estate · Member since 2024 · 8 posts · 29 votes

Hi Everyone, 

I'm new to REI, and I've been looking into some out-of-state investments, specifically in Indianapolis IN, Lexington KY, Fayetteville NC, and Lubbock TX.

I work full-time in tech and don’t have a background in real estate, but every day I study REI material to familiarize myself with this world. I plan to continue saving/learning until I have about 130K and purchase my first property next summer. 

I'm mostly looking to BRRRR and possibly turnkey properties, and I'm curious how remotely controlled these investments can be. I assume that I will never need to visit these markets in person and conduct all of my business through Online/Phone. Is that an unrealistic expectation, and should I fly in a few times a year?


I'd love to connect with investors and agents in these areas to further my knowledge about these particular markets. 

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Travis Biziorek
Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
1y

Hey Kevin,

Detroit is definitely a solid market to explore, especially for BRRRR. It's not without its challenges, but if you have the right strategy and a solid team, it can definitely yield great results. I've been investing in Detroit for several years now, and I've learned a lot along the way—both from the successes and the bumps in the road.

I work with out-of-state investors who want to do BRRRR in Detroit. My team helps with everything from sourcing off-market deals, overseeing rehab projects, and providing property management once everything is ready to go. It's a process that requires a solid plan and execution, but it's absolutely possible to make it work.

Even if Detroit doesn’t end up being the right market for you, I’ve got a lot of resources and insights about out-of-state investing that I’m happy to share. Just reach out, and I’ll be glad to point you in the right direction based on your goals.

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  • Jared Smith
    Real Estate Agent · Lakeland, TN · Member since 2015 · 214 posts · 105 votes
    1y

    @Kevin Liu, just as a frame of reference, I am now with a TK company here in Memphis and I routinely talk to clients that have never seen or visited their investment properties in person. In fact, two months ago I drove an older couple around that have owned with us for 12 years and I was showing them their 5 homes with us in Memphis for the first time! We are proud of our homes and our investors! 

    1Reply
  • Nico Navas
    Investor · FL · Member since 2020 · 14 posts · 8 votes
    1y

    Hello @Kevin Liu, im Nico from Ny and when i drive to fl i do pass Fayettville Nc to pull over to eat..etc such a beautiful town and quiet. 

    1Reply
  • Steven GlickBusiness Member
    Lender · Buffalo · Member since 2024 · 115 posts · 33 votes
    1y

    Hi Kevin, welcome to the community! Managing properties remotely is definitely possible, especially with the right team in place. A visit to the area can be helpful for networking and understanding the local market, but it’s not always necessary. I can help you explore these markets and secure the right financing. Happy to connect and hear more about your plans.

    [email protected]315-631-0678
    Ziffy Mortgage
    WebsiteView Page
    1Reply
  • Todd AndersonPro Member
    Real Estate Agent · Cape Coral, FL · Member since 2023 · 392 posts · 175 votes
    1y

    @Kevin Liu,

    Welcome to the BP community.  This is a great place to continue your learning.

    I have worked with many investors like yourself, People who have full time careers in fields that they are good in. There is no reason that you can't build wealth with REI at the same time. I think for many people that is the best way. You don't have to make Real Estate a JOB to be a REI.

    When I talk with investors who are looking to enter REI with this strategy, we talk about how much risk they are taking on to get their return. We normally find that a Turnkey model is the best risk-reward situation because you are able to leverage a team that is already set up and working.

    I to have worked with a number of investors that have never visited their properties.  They find with the right team in place, which includes "boots on the ground" and with today's technology, they are very comfortable with the entire process.  

    Feel free to connect

    Best of luck.

    [email protected]651-492-5652
    1Reply
  • Travis Biziorek
    Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
    1y

    Hey Kevin,

    Detroit is definitely a solid market to explore, especially for BRRRR. It's not without its challenges, but if you have the right strategy and a solid team, it can definitely yield great results. I've been investing in Detroit for several years now, and I've learned a lot along the way—both from the successes and the bumps in the road.

    I work with out-of-state investors who want to do BRRRR in Detroit. My team helps with everything from sourcing off-market deals, overseeing rehab projects, and providing property management once everything is ready to go. It's a process that requires a solid plan and execution, but it's absolutely possible to make it work.

    Even if Detroit doesn’t end up being the right market for you, I’ve got a lot of resources and insights about out-of-state investing that I’m happy to share. Just reach out, and I’ll be glad to point you in the right direction based on your goals.

    2Reply
  • Ko KashiwagiPro Member
    Lender · Los Angeles, CA · Member since 2022 · 967 posts · 445 votes
    1y

    Hi Kevin,

    Doing out of state investments without flying there is definitely doable with a good team. It would be a good idea perhaps for your first deal, but ideally you want to delegate and take advantage of the fact that you are in a position to delegate as an out of state investor.

    You could probably narrow down to 1 or 2 markets by just talking to people online and doing research on the macro economics of the markets. Then, you can expand your network by finding an agent, PM, contractors and boots on the ground. 

    310-848-9776
    1Reply
  • Jeremy MelloulPro Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 84 posts · 83 votes
    1y

    Hi Kevin—

    Investing long-distance is not only possible — it’s common. Over 25% of real estate investors buy outside their home state, and I was one of them. Before moving to Columbus, OH, I remotely flipped and managed projects here without knowing a single person besides my agent. That one connection helped me build the team I needed — contractors, property managers, inspectors — all without being on the ground. Fast forward to today, I live in Columbus and now help out-of-state investors do exactly what I did.

    Have you looked into Columbus? It’s one of the most affordable metros in the U.S. with strong rent-to-price ratios, steady population growth, and a booming job market anchored by Intel and Ohio State. If you’re serious about investing remotely, this city deserves a look.

    380-222-6485
    2Reply
  • Heath Sizick
    Rental Property Investor · Hampstead, NC · Member since 2024 · 107 posts · 54 votes
    1y

    Hey Kevin, NC is a very landlord friendly state. I am assume you like Fayetteville because of Fort Freedom there. I am near Camp LeJeune in Jacksonville. We do a ton of business with Marines. Let me know if I can be of any help. 

    2Reply
  • Kerlous TadresBusiness Member
    Realtor · Columbus, OH · Member since 2023 · 1k+ posts · 1k+ votes
    1y

    Welcome to REI! Yes, remote investing is totally doable many investors BRRRR or buy turnkey without ever visiting. The key is building a solid local team: agent, contractor, PM, and lender.

    That said, flying in once early on (especially before your first deal) can be a game-changer it helps you understand the market and build trust. After that, most things can be handled remotely.

    You’re on the right track keep learning and networking.

    [email protected]614-490-1163
    Kerlous Tadres | Reafco Real Estate541 Reviews
    WebsiteView Page
    1Reply
  • James WilcoxBusiness Member
    Real Estate Agent · Bowling Green KY ~ Lexington, KY · Member since 2015 · 1k+ posts · 603 votes
    1y
    Quote from @Kevin Liu:

    Hi Everyone, 

    I'm new to REI, and I've been looking into some out-of-state investments, specifically in Indianapolis IN, Lexington KY, Fayetteville NC, and Lubbock TX.

    I work full-time in tech and don’t have a background in real estate, but every day I study REI material to familiarize myself with this world. I plan to continue saving/learning until I have about 130K and purchase my first property next summer. 

    I'm mostly looking to BRRRR and possibly turnkey properties, and I'm curious how remotely controlled these investments can be. I assume that I will never need to visit these markets in person and conduct all of my business through Online/Phone. Is that an unrealistic expectation, and should I fly in a few times a year?


    I'd love to connect with investors and agents in these areas to further my knowledge about these particular markets. 

    Hey @Kevin Liu welcome to BP and the forums! I can't speak really about the other markets but I do like Lex for a number of reasons. DM me and I can send over what I send to other OOS investors for that market.

    Can you invest from a far and never see your properties? Sure. However, I feel it is best to put boots on the ground at least once to get a feel for the markets. Plus it makes for a cool vacation! With today's tech you can do everything from afar and digitally.

    REI James w/ eXp Realty54 Reviews
    WebsiteView Page
    1Reply
  • Julio GonzalezPro Member
    Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
    1y

    Great to have you here, Kevin! Welcome! You’re asking all the right questions. Love the clarity in your plan and market focus!

    -Julio

    561-253-6640
    1Reply
  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    1y
    Quote from @Kevin Liu:

    Hi Everyone, 

    I'm new to REI, and I've been looking into some out-of-state investments, specifically in Indianapolis IN, Lexington KY, Fayetteville NC, and Lubbock TX.

    I work full-time in tech and don’t have a background in real estate, but every day I study REI material to familiarize myself with this world. I plan to continue saving/learning until I have about 130K and purchase my first property next summer. 

    I'm mostly looking to BRRRR and possibly turnkey properties, and I'm curious how remotely controlled these investments can be. I assume that I will never need to visit these markets in person and conduct all of my business through Online/Phone. Is that an unrealistic expectation, and should I fly in a few times a year?


    I'd love to connect with investors and agents in these areas to further my knowledge about these particular markets. 


     im open to connecting and see if i can add value

    0Reply
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