Long Island NY · Member since 2017 · 14 posts · 8 votes
Hello,
This is my second post on the PB Forum. I'd like to get more insight, experienced, and intelligent answers more than trying to be sold something. I am from NY and I am looking to do out of state investing. I am looking to purchase a rental property either single family or multi family. Which areas would you say are the best to buy for 2017? Right now I have in mind Kansas City or Indianapolis. I am very new to all of this and I am really trying to learn what investment would be the best. Thank you for anyone that could help!
Hi all, great info here. This is my very first post (got to start somewhere!). I really like everybody's advice about developing a team in the city chosen for out of state REI. Can anybody elaborate or share some ideas how people go about doing that?! Did you meet your team here on BP? Thanks!
@Joel Langston I can connect you with other investors that have OOS investment experience. Most of them have lived in CA/Seattle/NY and came to OKC, but I know several people that have invested in other markets as well. I personally invest in OKC and can talk about that all day long. Most people find their team by finding someone they trust (whether the first teammate or an investor who has been to that market) and asking them who they've vetted!
@Laura Gianiotis get "Long Distance Real Estaye Investing" by the one and only David Greene. Then do your own research on areas. Everyone has an opinion and that doesn't mean everyone is right!!