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Updated over 9 years ago on . Most recent reply
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Out-Of-Area Investing Courses?
I know there are like a million real estate courses out there are gurus who promote them, but I was wondering if anyone here has any recommendation for a course that specializes in teach how to invest out-of-area, particularly wholesaling. Or, at least, information for out-of-area investing that could be applied to wholesaling.
By the way, I'm sure I'm going to get responses saying things like "you should start in your own backyard." I appreciate the thought, and am even trying that as well, but I do consider my area (the NYC area) very difficult and want to diversify a bit, I guess you could say. I know investing/wholesaling is difficult enough locally, and that doing it long-distance in some ways makes it even harder, but I'm pretty sure there are people who do it, so what I'm looking for is not how hard it is, but how to deal with the difficulties!
Thanks.
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I would say the key is to set up the team in the city you are going to be operating in. Real estate agents, bird dogs, contractors , vendors.... basically everything you would need. I have always learned that you make more money by sitting at your desk signing contracts then you do traveling to a town to do the work yourself. If you learn to leverage the right people like @ jean norton from her prior post that would be the best way to go for success.