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Updated about 6 years ago on . Most recent reply

Jason Gamio's profile image
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Jason Gamio
  • Contractor
  • from Bronx, New York
  • Member since Oct 25, 2015
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Jason Gamio's profile image
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Jason Gamio
  • Contractor
  • from Bronx, New York
  • Member since Oct 25, 2015
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Jason Gamio
  • Contractor
  • Bronx, NY
4
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Starting Out

Have you ever not been to a rental property ?

Jason Gamio
  • Contractor
  • Bronx, NY
Posted

I live in NY and have noticed it’s too expensive for me to invest here at least locally.

Have you ever purchase a property that you've never stepped foot in? Or at least only visited once or twice? I see some friendly prices out of state and was wondering if I had to be there often. Was thinking of the BRRRR....

Your thoughts?

Thanks!

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Bill B.
  • #3 1031 Exchanges Contributor
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  • from Las Vegas, NV
  • Member since Aug 3, 2013
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Bill B.'s profile image
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Bill B.
  • #3 1031 Exchanges Contributor
  • Investor
  • from Las Vegas, NV
  • Member since Aug 3, 2013
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

I bought a $460k townhome on lake Minnetonka in MN from MLS pictures and I live in Vegas. After it was under contract I had a realtor walk it and an inspector

I did that 3 years ago. I haven’t been inside it yet. I want to retire there someday so I took a 7 year $2700/mo lease. 

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