All Forum Posts by: Greg Leach

Send them a hand written letter.

I'm looking into turnkey companies out of state, never bought oos before, so I just needed my question answered quickly. Probably doesn't make much of a difference. Thanks

I have just a quick question, when buying a property out of state, should I work with a bank local to me for a loan, or a bank local to the property in question? 

I've heard that buying a $30K property and self managing it provides for a great learning experience. Extremely steep learning curve, but you get your foot in the door and learn fast... scary huh?

The first step is to find your market, if you're looking to invest out of state, you need to know where you'll be investing and why. What's your strategy? Network via BP and you'll find plenty professionals who would love to work with you.

I'm very interested in investing in notes as well, I've been saving for the past few years and have given one private secured loan which opened my eyes to the advantages that owning notes can bring. Still very new, but would love some guidance.

how about going pro and posting on the bigger pockets marketplace. There are plent of investors who'd love to pick up another 12 units

I'd be careful trusting zillow's numbers... especially on taxes. Make sure you do your own research.

House prices in those areas are low for a reason, usually because they're almost if not over 100 years old. 

Im not going to tell you not to invest out of state (I'm looking into it myself) but please understand that you're getting what you pay for. Old homes bring lots and lots of maintenance. so go into this investing strategy with your eyes open and make sure to do your homework.

Podcast 155, the guest invests in Northwest Indiana.