What are your thoughts on out of state investing?

[Kanessa Page]

What are your thoughts on out of state investing?

[Nathan Hillier]

I think out of state investing is great, and to some extent offers the same challenges and risks as investing in your home market. In both situations, you need great teams you can trust to pursue investments. The main challenge with out of state is not being there - but can be solved by networking, and forming relationships with investors who are willing to be your boots on the ground, walk the property, take photos..etc. 

I'm originally from Calgary, Alberta Canada, where our real estate market is very similar to California. Due to this, we have opted out of our home market, and are now investing in Dayton, Memphis, Alabama, and working on opening more markets to invest in. 

With that being said, we did not open these markets ourselves.. Personally, we use the power of a collective network by connecting buyers to sellers in our markets, further giving our companies we work with more work, increasing the volume of properties sold by our wholesalers, and forming long lasting relationships with these key companies. 

It was been quite the journey for myself and my family, and are always happy to share more information if you wanted to continue the conversation. Please feel free to reach out to me as i would love to share any information that may help you on your journey investing in real estate. Cheers!