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Results (10,000+)
Adam Eckhoff Me vs. the Wife (Section 8 and squatting)
17 July 2024 | 4 replies
I would side with your wife on this one, I typically tell people to stay out of AC, Trenton and Camden or any D area especially if you're new those properties are very labor intensive 
Grant Stepanic 10 Steps To Take For Out Of State Investing
18 July 2024 | 2 replies
Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 
Max Bradshaw Land Flipping Courses
21 July 2024 | 35 replies
Adjust according, and resend mailer.
Zachary R Beale Starting Out In Real Estate
17 July 2024 | 8 replies
Flips are labor and time intensive but are good for cashflow if done right but can be difficult for new investors without a good mentor.
Account Closed What is it like to be an out-of-state investor?
19 July 2024 | 58 replies
also - traditional, vanilla LTRs don't cash flow anywhere right now without some kind of niche or creative or hands-on or intense strategy. 
Robert Zajac New to Cleveland market! Out-of-state investor looking to learn and take action!
16 July 2024 | 34 replies
I imagine myself getting into more rehab intensive (possibly even BRRRR) projects as I build my portfolio and experience!
Michael Baum Mike's Deal of the Day - July 1th, 2024 Prime Day 2
17 July 2024 | 0 replies
Super reliable, easy for guests to adjust, the app is excellent and it integrates with the Samsung SmartThings hub and works with that app as well.
Jay Hinrichs national rent control
22 July 2024 | 120 replies
They adjust based on the perceived increase in value.
Marcus Auerbach Investors be ready: AI is changing our world faster than society can adapt
20 July 2024 | 28 replies
And they are adaptive and able to solve unforeseen problems: if a part is to big and does not fit, they will grab a tool and adjust it.Which means factory jobs are being next.
Ian Dale Ibrado Using Heloc to buy larger multifamily
16 July 2024 | 11 replies
Pay it off with a commercial DSCR refinance loan once you've gotten the rents up to an amount that will allow you to cash out on your HELOC.I like using my HELOC but only in short-term scenarios because it's a floating rate and I can't control when or how the bank will make adjustments to the payback variables.