looking at property in another state

[Devin E.]

I live in California but i am interested in looking at property in another state but I'm not sure how to go about finding property in said state. Any advice on investing in state where i am not from?

Thank you in advance for the help

[Tom Yung]

@Devin E.

1) ask yourself what is the purpose of the purchase. for investment,

vacation home, or other purpose & how long of holding.

2) after you find out your purpose, find the location.

3) If investment, decide whether you are hands on person or just want passive income.

4) type of building, residential or commercial. then contact the right type of agent. A lot of residential agent has no clue what commercial is.

5) educate yourself , know what kind of questions to ask for your type of investment. Know the real estate language, like REIT( real estate investment trust) cap rate, REO( real estate owned). whatever applies to your investment goal.

6) make connections to local investors & professionals like agents, trades people...

BP is a good start, spend some time, you will not regret it. There are a lot of helpful people on here. I am learning from everybody too.