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Updated over 7 years ago on . Most recent reply

New to BP and ready to network
Hello BiggerPockets community. My name is Juan Pablo M. and I am in the Seattle area, where I work in IT. In the past few months I've researched real estate investments as a way to generate passive income.
I am joining BiggerPockets to learn from other members of the community before making my first investment out of state. I'm particularly interested in hearing from members who are currently investing (remotely) in single family homes in C level neighborhoods in metro areas in the Midwest and South. Thanks!
Most Popular Reply

I'm not out of state, but do own C class. It is all about the management and to make sure you are in C class. Most of what people offer on Bigger Pockets that they call C class is really D class. Very hard to be successful in the D class space. Also, look at the chain of title when buying a property. If you are the one of multiple owners in the past few years, that is an major red flag. I see that all the time in Memphis where someone thinks they are going to do something different then what the prior 4 owners in 7 years tried; it simply does not work. Checking prior chain of title is the best advice I can give an out of state owner looking to enter in low rent space.
- Alex Craig
- 901-848-9028