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Updated over 7 years ago on . Most recent reply

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Agbolade Adesoye
  • Chicago, IL
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Buying investment property out of state

Agbolade Adesoye
  • Chicago, IL
Posted

Hi, I'm in Chicago. I have very little equity, roughly 3k. My goal is to buy a single family home in Arizona and rent it out. Does anyone have any advice, a sort of “do’s and don’ts” of buying property out of state? Is Arizona even a good state to buy investment property?

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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

I'm not from Arizona, but I think the market is really hot and housing expensive in most major areas, particularly Phoenix.

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