Has Anyone Achieved Significant Success Investing Hundreds or Thousands of Miles Away

[Allen Zhu]

I'm curious if anyone has seen tremendous success with out-of-state  real estate investing. From what I’ve observed, many of the most successful investors tend to focus on markets near where they’re based or in areas they’re familiar with. However, I’m wondering if anyone here has had success investing OOS in locations hundreds or even thousands of miles away and still managed to maintain solid cash flow.

Have you been able to overcome the challenges of investing in a distant market, and what strategies or systems have worked for you? I’d love to hear about any experiences where out-of-state investing has proven to be both profitable and manageable in the long run.

[Chris Seveney]

Quote from @Allen Zhu:

I'm curious if anyone has seen tremendous success with out-of-state  real estate investing. From what I’ve observed, many of the most successful investors tend to focus on markets near where they’re based or in areas they’re familiar with. However, I’m wondering if anyone here has had success investing OOS in locations hundreds or even thousands of miles away and still managed to maintain solid cash flow.

Have you been able to overcome the challenges of investing in a distant market, and what strategies or systems have worked for you? I’d love to hear about any experiences where out-of-state investing has proven to be both profitable and manageable in the long run.

 We have, but its not what you think, we are lenders and buy loans - so we can easily work in most parts of the country. We have owned some real estate in other parts of the country and if you are in an A market you can do well, its the rural low appreciation areas where cash flow on paper looks great but in reality its not is where most people get hurt. THe other is in major cities where it could be street by street for type of neighborhood.