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Updated over 4 years ago,
Newbie Investing Out of State
It feels like an odd time to get started REI between forbearance, halting evictions, Covid restrictions, high unemployment, etc.., but Warren Buffet says "Be fearful when others are greedy, and greedy when others are fearful". I had planned to get started early but the Covid restrictions slowed me down. I live in Rhode Island, but I am focused on out of state markets, in particular Indianapolis and surrounding area, which is where I grew up, went to college, and most of my family still lives. My goal is to acquire some Buy and Hold deals for cash flow (ideally BRRRR when possible). I am hoping to share my experiences with the BP community and network with other like minded people. I am currently looking for recommendations on property managers, agents or mortgage brokers in Indy.
In return, I don’t have a lot of real estate advice to offer, but I can offer advice on endurance training plus answer any health or fitness questions. I have competed in dozens of races from Ironmans and Marathons to 5ks. PM me if you have any questions on something you're training for.