All Forum Posts by: Michael Porche

Whats up Brian! Lets connect. I constantly market to sellers for off market deals and wholesale.  

I have to agree with Mark. Thats where you'll be finding those types of deals. Boise and Salt lake got a lot of people moving there and a lot of growth. Likely not to find in those areas

If you are doing anything crazy I would just stay organized with google drive. I have some expensive softwares that I use but thats because Im contacting over 1,000 people a week. Unless you are doing a lot of volume I would stick with being organized on a drive system and make appropriate folders you can organize documents in. If you need documents there are a few websites that have generic documents you can download or buy. I believe bigger pockets even has some as well. Let me know if you have any more questions.

Yeah I would definitely talk to a few different title people. This way you can get more educated in the process and make new relationships. I just recently studied this law last month and I don't remember anything about a 20 year period. But I could be mistaken. I would bring that information to another title agency and see whats up.  

Hi @Colin L. I would love to connect. I'm in the Boise area and this is my focus!

I would recommend any opportunity to network is worth it. Usually local reia membership dues are minimal. You never know who you can meet and how that will allow you down a certain path or later use that connection for a deal. I've found people willing to lend private money out of state even though their focus was primarily in state. 

This is probably going to be your best bet with the most accurate information

You will get a selection of different responses here on bigger pockets mainly because you will get a selection of different people with different experiences. The 2 older gentlemen have gotten success from local real estate investing. They have built their craft on it. Thats what they know how to do well. However I know countless of out of state investors that are doing EXTREMELY well. They have also learned a lot from someone else prior to doing it or they have made mistakes themselves and learned from them. 

So the quick answer is yes, you can be very successful investing out of state. 

However it all depends on your experience, your network and footprint in that particular community of where you are investing. What kind of relationships you are building in that community. What kind of team you have in that community. If someone says, you cant be successful investing out of state now or long term thats because they haven't achieved it themselves or cant see how it would work. I have plenty of contacts that have been doing it for 10+ years before it was a bigger pockets thing. I would recommend finding someone who is successful in it and learning from them. I can point you in the right direction if you are interested. 

Upwork is definitely very useful for tasks like picture editing, website creation, logos. I would recommend. I've had good success

Both Great!!! Recommendations! They will surely get what you need done and ensure your success in investing. I can personally attest for them both.