Originally posted by @Alyssa Dyer:
Originally posted by @Garrett Diegel:
We are in the same boat. Looking OOS is on our list for the next year but all the info and advice from pretty much anyone you talk to makes it very confusing. We have slowly build a light set of qualification factors for an OOS market. Then, it's a matter of finding a market that would be reasonable to invest in, running the standards, and building you team. I've heard a few different people here on BP say to look toward markets that you have someone on the ground that you already know. Like, Grandma lives in Ohio so start there, etc, etc. - Best of luck on your journey.
What qualifications do you have for your OOS market?
We have a short list of the standards. Pop and job growth type numbers as always. Do we know anyone on the ground or with ties to someone there? Is there any other reason to invest there for us personally? Is it landlord friendly?
We also like to work near and around military bases.
Outside of the pop, job, and other hard factors it really comes down to your personal strategy. The US is huge and full of opportunities. So many that it actually gets overwhelming.
