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Updated 4 months ago on . Most recent reply
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My first out of state rental - Looking for some advice
Hey all! Birmingham, AL is my target city for a boat load of reasons, but I live up in Philadelphia, PA. That's not going to stop me, I'm currently building a team over in Birmingham to get my portfolio started, but I wanted to get some advice about how the out of state buying process normally works. Do I normally have my awesome real estate agent ALL of the legwork? Should I be visiting, asking neighbors questions, getting a feel for the neighborhood and home (in person rather than just off of online research) before buying or making offers?
Guys, anything helps. This will be my first investment property and I'm a little leery about this whole out of state buying process since I've never done this before. Thank you everyone in advance!
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@David Donald Henning Jr. Why are you buying in Birmingham AL instead of Philadelphia if you reside in Abington, a suburb of Philadelphia? Also what guru did you learn from...."currently building my team" was the give away. Then I read in your profile, 500 units by age 24? I give you credit for setting lofty goals and taking action so young but you should reconsider who you are learning from.