All Forum Posts by: Ellie T.

Hi @Yoni Weisbrod,

Welcome to BP. This is an amazing community. I am originally from Israel and live in Boston, and invest mostly out of state (Boston has lower ROI's than other parts of the US). Feel free to connect and I will be happy to share with you some of my experience .

@David Barr I will reach out to discuss.  I agree with you that this is a great route.

@Brent Byers I made quite a bit of headway on this thanks to all the posts.  Feel free to connect and we can brainstorm together.

Banks to start now. I'll need the portfolio and private ones later.

Can anyone recommend investor friendly lenders west of Boston? if no, where would you recommend driving to? :)

thank you everybody for your tips.  I reached out to all of you to connect and learn more.  I appreciate your help.

What about taking 12 checks dated for each first of month, holding on to them and depositing myself? That wouldn't be considered upfront payments and would not require opening an account for them, right?

David Dec thank you for the explanation. Guess that's not a good option when out of state :)

@Lelith Walker Thank you! this is great info.

Hello to the BP community,

(re-posting because my former post didn't meet BP standards)

I am considering out of state investing in Florida. 

I would love to hear regarding experiences of others. Hopefully that will get me over my newbie paralysis (and no matter how much I read I find myself stuck on question after question- there's too much supply/there's too little supply/how do I know there will always be people interesting in renting? how do I remotely buy from banks/auctions in FL? which Florida area? can I find a good PM? should I buy a house I will also want to retire in some day? do I want a Florida LLC, how do I get remote financing? and more questions that just add to the confusion).

Can you share some of your success/horror stories, what worked and didn't work for you? any recommended reading material that focus on remote investing in FL?

Thanks!