Good Afternoon Everyone,
I Currently Live in Queens, NY and because of the higher barrier to entry, I am Looking to get into Out-of-state investing. Currently looking in a few areas Within the Tristate Area, and Ohio mainly for cash flow. My Goal for the next year is to purchase my first property out of state and eventually get more through time. I am currently managing 5 units of my family's investments here in NY.
I am hoping to connect with those who have already had a few properties being managed out of their state to learn more about the process before getting started myself. Although I am nervous and anxious I am more excited overall to learn and take my first steps into the world of RE. Currently thinking more flexibly for types of units to start off in, but leaning towards more multifamily (Duplex-Triplex-Quadplex)
Any insights are helpful in this journey, negative or positive. I want to hear it all.
Thank you all,
James.W
