Hey, BP community I wanted to take some time to tell you a little about my thoughts on out-of-state investing as many investors stick to their local markets, but out-of-state real estate investing offers unique opportunities that could boost your portfolio.

Investors can move quickly on development and take advantage of the city's ongoing growth.Long-Term GrowthFlorence’s expanding economy and housing demand ensure long-term appreciation, making it a stable choice for both immediate gains and future value.If you're looking to invest in land or new construction, Florence, Alabama, presents a unique opportunity with affordable entry points and strong growth prospects.

Here are a few considerations with respect to the 401k: 1) Although you can take funds with no penalty for first time home buyer, you can't return the money to the 401k. 401(k)'s have unique tax advantages that allow for tax-deferred, or in the case of Roth, Tax-Free growth.

Hi Nico,Thank you for your post, You mentioned that hiring a few virtual assistants (VAs) to cold call has been effective, and that text messaging is also performing decently,I specialize in identifying and revitalizing unique properties—those that are not typical, for example, I recently spotted a triangle-shaped property that has the potential to be transformed into something beautiful and valuable, either for living or resale, Could you please share your approach and any guidance you might have on the process of using virtual assistants (VAs) to cold call and the text messaging strategies that have been effective for you?

Those are more realistic table setters for you to begin your journey if you couple that with podcasts and in-person meetups so you can learn from real investors and their journeys.To invest, you will always need to be earning more money so you don't want to start your journey thinking you can do it with no money.

A substantial portion of my real estate transactions 'work' because the borrower was paired with a lender offering unique qualification or feasible terms that meet or exceed the investors original ROI, COC, down payment or general investment goals. 

You certainly would not want to allocated 10 units equally if number of residents and size were unique IMO.Here's a helpful link for those new to the concept:http://www.multifamilyutility.com/rubs.html

This approach allows me to structure deals that benefit all parties involved and unlock unique opportunities in the market.I'm eager to connect with fellow investors, share insights, and explore new opportunities together.

I actually bring the money in and I ONLY get paid for success at the closing table  .. you would be amazed that very few will follow up or want to learn more about how we can help them..

Your experience is impressive—definitely brings a lot to the table!