![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/630643/small_1645035364-avatar-anthonyp82.jpg?twic=v1/output=image&v=2)
1 August 2022 | 14 replies
Actually, I must be honest that I've rarely experienced hotels that match my Airbnb experiences.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2480310/small_1694653121-avatar-tylerj309.jpg?twic=v1/output=image&v=2)
1 August 2022 | 7 replies
If it doesn't match up, it doesn't match up.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2014827/small_1705534477-avatar-tyler_lingle.jpg?twic=v1/output=image&v=2)
1 August 2022 | 3 replies
It's about data and providing information to you as a buyer to match you with a property that fits your investing goals as an investor, not about selling.that is all :)edit: they stick around after the sale and offer support!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/174774/small_1621421742-avatar-bgstevens.jpg?twic=v1/output=image&v=2)
17 August 2022 | 46 replies
I personally have rentals here in Houston, the cash-on-cash return and appreciation are steady.Investing out of state requires specific attention to various factors like understanding the local market, cap rates, rents and other critical information.Do market analysis on current rents, potential rents, appreciation, etc.You need a team of local professionals like property managers, contractors, agents etc.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.You should select a market that will meet your investment goals.Here are four key reasons why investors purchase rental property out of state:Invest in geographic areas with population and job growth is strong.Diversify a rental property portfolio with markets that best match your investment strategy.Focus on the type of returns you’re looking for, such as maximum cash flow, high appreciation, or total yield over the targeted holding period.Operating expenses are lower in markets with fewer regulations, lower property taxes, and landlord-friendly laws.Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.All the best!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/357529/small_1695153562-avatar-jamesp35.jpg?twic=v1/output=image&v=2)
15 August 2022 | 4 replies
This is the current quote from one of the few contractors that got back to us.My Concerns:- not agreeing to fixed end date- limited itemized breakdown for each item QuoteExterior: $9000 (not including exterior paint and tree work)• Power wash exterior (plumbing repairs needed to accommodate)• Scrape original paint as much as possible• Paint exterior• Remove satellite dish from front• Remove front awning above two windows • Repair casement around basement windows• Replace siding as needed• Install rear staircase (permit required)• Replace corner post with 6x6• Install 12x15 rear deck at gradeFront Porch: $1500 (not including work on exterior windows)• Rebuild front door to clear hump in floor with automated sweep• Clean floor and repaint• Prep and repaint room• Inspect and seal interior window as needed1st Floor: $5200 + $2.50 per sqft of flooring installed (price of flooring and electrical not included)• Need to take a second look in house if possible I would like to match original flooring in kitchen, which would most likely lower the flooring cost)• Replace front door (32” left hand inswing try to match décor) Jeld-wen 6 lite prehung $398 would need to be painted to look appropriate• Clean walls repair, paint and caulk window frames (color Simply white recommended in scuff defense)• Level and prepare floor for vinyl including removing all trim, repairing and replacing as damage occurs, install nosing and transitions• Install vinyl floating floor throughout first floor (customer to select flooring for pricing) (sqft unknown install rate is $2.50 Per sqft)• Electrical plan to be determinedKitchen: $3800 (not including cabinets, refrigerator, sink, faucet, stove)• Repair damaged floor joist and subfloor• Install kitchen sink• Repair walls trim and paint• Refrigerator location is unknown at this time1st floor bathroom: $1800 (customer to supply vanity and faucet)• Remove toilet and flooring (if subfloor repair is need current price does not reflect cost)• Repair walls and paint• Install vanity (work with customer in choosing appropriate vanity)Laundry Room: $1300• Install matching rear door 32” RT inswing• Install dryer exhaust• Repair walls, trim and paint• (walls will likely need to be opened for electrical work)2nd Floor: $2200 Not including Floor refinishing• General clean-up of walls and trim• Paint• Seal windows as needed• Floors refinished2nd Floor bath: $5050 (does not include vanity, tile, mix valve, tub)• Gut shower• Replace toilet• Install vanity• Tile shower• Tile bathroom floor• Repair walls• Trim• PaintStaircase: $800• Remove remainder of carpet tack strips• General restoration repairBasement / utilities: $350 (electrical, plumbing, and heating is separate quote)• General clean up• Clear all debris from premise Total quoted cost: $34,500 + $2.50 per sq ft flooring installed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2273417/small_1657999081-avatar-scottd367.jpg?twic=v1/output=image&v=2)
22 August 2022 | 10 replies
If so, review it to ensure it matches the estoppel certificate4.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2430277/small_1707192178-avatar-jamesr901.jpg?twic=v1/output=image&v=2)
3 August 2022 | 9 replies
Its a 4:1 match up to 22k.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2257149/small_1737505498-avatar-randym163.jpg?twic=v1/output=image&v=2)
16 August 2022 | 7 replies
Here are four key reasons why investors purchase rental property out of state:Invest in geographic areas with population and job growth is strong.Diversify a rental property portfolio with markets that best match your investment strategy.Focus on the type of returns you’re looking for, such as maximum cash flow, high appreciation, or total yield over the targeted holding period.Operating expenses are lower in markets with fewer regulations, lower property taxes, and landlord-friendly laws.Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.All the best!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2506417/small_1695059192-avatar-codyt92.jpg?twic=v1/output=image&v=2)
5 August 2022 | 8 replies
repeat this until you find someone you think is a good match for you that has started and scaled a rental business themselves. 2.) repeat step 1, but instead find a local realtor who's also investing in some capacity.3.) learn how to analyze deals in your market, attend local meetups and meet other investors like your life depended on it and run your analysis by others who are investing like you want to.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2417168/small_1693346661-avatar-hunterr69.jpg?twic=v1/output=image&v=2)
28 August 2022 | 5 replies
I do think it's important that you seek one out that's a good match for you and you do so with the intention of them helping you through your first deal and not just for the data.