Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Washington Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 07/16/2019

User Stats

3
Posts
1
Votes
Brand Seet
1
Votes |
3
Posts

Does anyone invest out of State?

Brand Seet
Posted

Hey All,

I've been lurking for a little bit now but now that I've got my pre approval for 400k conventional 3% down. I've really started to look at multi family properties here in Washington and I just cant find anything that has a positive cash flow or even break even which I might be ok with. I thought about some turnkey companies since that would be the easiest way to invest in out of state. Its an interesting idea to me, but my initial gut feeling says the cash flow might be ok but it wouldn't appreciate or really contribute to overall wealth the way I would like. 

So now I'm really considering an out of state investment that would better utilize the cash I'm putting in. I'm pretty new to the real estate world. Learning everything I can for the past month so I would truly love some help and advice! This has been some of the most fun I've had learning so I'm excited to be here!

Loading replies...