All Forum Posts by: Dallas Drake

 I also agree that if it isnt worth the ticket or the day to go see it. It probably wasn't a good investment.  Great advice  as well.

 Understood there are no shortcuts. It is good to evaluate and I have no problem traveling to meet with who would bexpect dealing with the day to day. Just looking for the ideas to make sure I cover all my bases. Thanks for the reply

 Noted and I feel people fail to realize this is a possibility.  References from a bad person net you bad references.  I have looked into only looking for those who have something to show, and a track record, I always see the risk, hence the question... but then again if it was that easy, everybody would be doing it.

Sorry I haven't responded to this discussion quicker. Was looking to invest in florida or texas. Liked the areas around tampa but saw some cheap places in the jacksonville area that are high crime area but the returns looked pretty great if I can get a pm that does the work. I also looked into texas but had a hard time finding exactly what I was looking for. Large area with mutpile promising cities and a wide wide range of pricing. I understand the turnkeys, but part of me feels a disconnect and I don't necessarily understand what my true property price is, or recognize it as a scam. But then again many people have vouged for turnkey as a great way to start and some dismiss it. Don't want to get stuck over analyzing situations thiugh, but want to make good investments to really Jumpstart my investing in real estate. Only have so much cash so it's important not to waste.

Ok so I have done my research, have Tracked down my areas I want to invest for the most part. My question. Is that since they are far away, and I haven't established a trustworthy realtor, how do I buy properties from a distance I cant see, and then prep for rental. Would I find a pm to help. This is where I'm kinda stuck now. The properties are across the country from me. Also, would this posiby come down to the report from a home inspector during closing. Thanks and any ideas would be great or any experience with this.

I already own my current residence outright. The money I will be investing is 200k -300 cash from my small business.  I plan on leveraging this to maximize oportunities as well as returns.  I am thinking of investing in either the Tampa area or in Louisiana. I like the idea of seeing how my investments go, and then selling my ca property and relocating. New place to live with a much larger amount of capital to invest with from the proceeds of California sale. Should help boost my real estate portfolio. 

Hi My name is Dallas. I am new to rental investments. Currently own one home and was going to build another and rent out my current one but have seen the possibility for way better returns by using the capital to invest in rental units specifically.