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Updated over 5 years ago on . Most recent reply

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289
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106
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Keleisha Carter
  • Investor
  • Tampa
106
Votes |
289
Posts

Investing out of state. What should I look for?

Keleisha Carter
  • Investor
  • Tampa
Posted

I lived in Florida for a few months and then moved to Boston. Interested in investing in Florida area and use it as an investment property for short term or long term rental. Any advice.?

Most Popular Reply

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271
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Mitchell Jaworski
  • Rental Property Investor
  • Boynton Beach, FL
197
Votes |
271
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Mitchell Jaworski
  • Rental Property Investor
  • Boynton Beach, FL
Replied

Finding a decent property manager in the area will make investing out of state less of a struggle.

Also, be sure to do your own research on the financials.   Basically run things through a property calculator to see if a property will cash flow after all the appropriate allocations have been made.

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