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11 February 2020 | 1 reply
Start with David Greene's Long Distance Real Estate Investing, @David Comstock.
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13 February 2020 | 18 replies
Both have their pros and cons, urban areas are great for cashflow however the quality of the property might not be as good and suburban areas are great for quality of tenants and perhaps quality of properties however overall they are more expensive which would reduce cashflow and your target audience is reduced.There are many other factor involved as well, such a your job distance, HOAs, Airbnb potential, etcEither way house hacking is a great strategy
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11 February 2020 | 3 replies
You'll also make connections to hard money lenders over time who can help out.Some great places to start:David Greene's "Long Distance Real Estate Investing" bookIf BRRRR is something you're interested in as well, I also found his book on that subject great as well.If you've got a little bit of cash, Paula Pant's course "Your First Rental Property" is a great intro course that covers all the basics.With your background, you should have a huge leg-up on most of us when you begin the renovation process.Good luck!
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11 February 2020 | 5 replies
Hi, I am doing a long distance fix and flip in a different state than the one I live in.
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19 February 2020 | 8 replies
The same goes for the Cleveland Clinic (#1 employer in Ohio) The average Clevelander commutes 30 minutes to work one-way.
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14 February 2020 | 6 replies
What’s the most efficient and safest way to collect rent long distance?
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12 February 2020 | 9 replies
Hi @Chelsea Jean-Mary is there a specific area within the DMV that you want to live for commuting reasons?
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25 February 2020 | 20 replies
Hesitant in out of state due to the obvious distance of the property -- but can make better use of funds with possibility of purchasing multiple properties vs only one in local area.
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18 February 2020 | 37 replies
I made the decision that I’d rather chase cash flow in the midwest than appreciation on the West coast, so I jumped into long distance investing.
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11 February 2020 | 0 replies
(I currently own two homes that I rent) I finally found a home that seems to tick all of my boxes #1 home size (2,240 sqft main home 1,100 sqft back home) #2 Lot Size (1 acre total with 0.35 acres of it for back home) #3 Commute #4 School Districts #5 Already established rental income.