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Updated about 5 hours ago,

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Diana Teng
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4
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Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?

Diana Teng
Posted

Hi all,

I think my question above is pretty direct.

I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state)  that offer affordable homes that deem to be in hot market areas right now (according to many different articles online). 

However, because I am unable to make trips to scout locations or look at homes in person. I know that finding a team is crucial, and not sure where to begin on this. Have you guys ever purchased a property without physically seeing it? I just want to know if this is a good idea ? And if you guys know any hot market places that will appreciate greatly, I would love to know! 

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