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Updated over 4 years ago,

Sal Lombardo's profile image
Sal Lombardo's profile image
Sal Lombardo
  • Investor
  • from Boston, MA
  • Member since Jun 11, 2020
  • Posts 3
  • Votes 3
  • Experience 6 Yrs
  • Investments 1
Connect

User Stats

3
Posts
3
Votes
Sal Lombardo's profile image
Sal Lombardo's profile image
Sal Lombardo
  • Investor
  • from Boston, MA
  • Member since Jun 11, 2020
  • Posts 3
  • Votes 3
  • Experience 6 Yrs
  • Investments 1
Connect
Sal Lombardo
  • Investor
  • Boston, MA
3
Votes |
3
Posts
New Member Introductions

Out of State Investing

Sal Lombardo
  • Investor
  • Boston, MA
Posted

Hi BP forum,

I'm considering purchasing an investment property in Pittsburgh but currently live in Boston. This would be my first time buying out of state so I was wondering if anyone has advice on being a distant-owner. The numbers look solid (+$500/mo cash flow & 8% ROI) which that includes using a property manager, so I feel pretty good about the investment. Just wanted to see if I might be overlooking something.

Any advice here is greatly appreciated.

Sal

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