.- Affordability:Some out-of-state markets may offer lower property prices, allowing you to get more for your investment.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.

Purchase price: $109,000 Cash invested: $121,000 My first property to fix and flip.

This happens regularly, according to the on-site care taker of the property.

I would like some advice on how you've scaled your real estate business from single family properties to larger multi-family properties.

What are Best Practices for Agent Remarks when Listing property with a Flat Fee Broker?

It definitely can help a seller get a higher offer on their property.

I have properties that have a negative CoC.

Alex, I could see lower end and rental properties stay flat or even go lower in the short term until rents find some balance.

After construction is finished, the entire property (with the residence) will be appraised and I can roll my land loan and construction loan together into 1 mortgage.

You might find a off market priced property but use this to start doing analysis.