Questions as I am reading and learning

[Brandon M.]

Hello all!

So currently I am working my way to getting started with real estate. I posted on the New Introduction section once already. I am looking to do out-of-state investing, starting next year. I am just trying to study, research, learn and read all that I can before I begin. Mostly interested in LTR and STR, depending on the areas of interest.

I am currently looking to have a realistic 10 year plan of buying, renting and building a portfolio. Currently am a home owner in Upstate NY.

My end goal is to have enough of a portfolio to where I could retire from my day job early, and move down south. No specific location atm.

I am wondering a few things for those that do OOS investing.

1. How do you go about researching/searching specific areas to invest? Any specific sites or otherwise?

2. How did you find/network in those areas? For realtor, contractors, cleaners, ect for feet on the ground that you trust.

3. Where do you search for the market in those areas? What's good sources to check?

4. Where can you find the home owner insurance rates in those areas?

5. For a STR, how do you handle a bad renter? Getting them out for whatever reason they need to be removed.

These are just a few questions I've been going over as I skim through the forums and internet as a whole. 

Thanks,

Brandon

[Joe Villeneuve]

Quote from @Brandon M.:

Hello all!

So currently I am working my way to getting started with real estate. I posted on the New Introduction section once already. I am looking to do out-of-state investing, starting next year. I am just trying to study, research, learn and read all that I can before I begin. Mostly interested in LTR and STR, depending on the areas of interest.

I am currently looking to have a realistic 10 year plan of buying, renting and building a portfolio. Currently am a home owner in Upstate NY.

My end goal is to have enough of a portfolio to where I could retire from my day job early, and move down south. No specific location atm.

I am wondering a few things for those that do OOS investing.

1. How do you go about researching/searching specific areas to invest? Any specific sites or otherwise?

2. How did you find/network in those areas? For realtor, contractors, cleaners, ect for feet on the ground that you trust.

3. Where do you search for the market in those areas? What's good sources to check?

4. Where can you find the home owner insurance rates in those areas?

5. For a STR, how do you handle a bad renter? Getting them out for whatever reason they need to be removed.

These are just a few questions I've been going over as I skim through the forums and internet as a whole. 

Thanks,

Brandon

Those are a lot of questions...and good ones.  The answers could fill a book.  If you're interested, I can answer them for you if you just PM me direct.  It's very hard to answer these questions in this format without having the quick answers just lead to more questions, hence the reason for a direct PM conversation.