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Updated almost 6 years ago on . Most recent reply

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Zhong Zhuang
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Realtors helping out-of-state investors

Zhong Zhuang
Posted

Hi all,

I'm looking for an effective and efficient realtor who would potentially help out-of-state investors. Thank you all very much!

Most Popular Reply

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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
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Ali Boone
  • Real Estate Coach
  • Venice Beach, CA
Replied
Originally posted by @James Craig Burley:
Originally posted by @Ali Boone:

My suggestion is to find an agent that specializes more broadly in out-of-state investing so you aren't tied to one market if you are new and not sure exactly why you're going to that market. I do this for people- I live in CA and help people buy out-of-state-- different markets are better for different people-- but even if you don't work with me, there's others out there. 

Unless you're set on Atlanta for some reason. I'm from there and most of my properties are there, but I don't recommend it as a market for others anymore right now.

 Curious as to why you don't recommend it anymore now? We just bought a brand-new rental property out in Winder (ENE of Atlanta, about halfway towards Athens), and it's our first foray into being landlords! Everything out there seems to be growing. In fact, we fell in love with the area, found a smaller place (a 1.5-story ranch in the same general neighborhood), bought that too, and are moving there from NYC in about six weeks, selling our NYC condo.

(We picked Winder because my sister and her husband live there and they were happy to help find and get us started with a place.)

Well if you're moving there anyway, certainly check stuff out around there. But for any out-of-state investors who aren't set on any particular market and just want good deals, I believe there are just better deals in other markets and with less saturation. Nothing wrong with Winder or any good deal you find there though.

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