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Updated about 4 years ago,
Any out-of-state investors?
I am completely new to RE investing and am doing my best to learn as much as I can. I'm very thankful for this site and individuals who have helped me to get started. I'm wondering if there are any out-of-state investors on this forum that are buying & holding in Baltimore City. I understand that being out-of-area will require use of project managers which will increase my purchase price and property managers which will add to my monthly expenses. When I run the "numbers", it doesn't look like I'll be generating much cash flow but there's a chance I'm over-estimating some costs. On the flip side, I also worry that there may be some costs involved that I haven't even considered which would further lower my cash flow. Either way, I'd be so appreciative to hear from some out-of-state investors currently buying & holding in this area. Thank you!