Advice regarding out of state investing
Newbie to investing. Looking to invest out of state and looking for any advice. My name is Kyle.
Thanks!
Most Popular Reply
@Kyle Bear Agree with Ali Boone, it depends on what kind of investing you are looking at. I would suggest you educate yourself through books, podcasts, BP first to get an idea of the different niches and asset classes you can invest in. Then select a market and make sure you visit the market to get a feel for it, purchasing sight unseen (like many turnkey investors do) is not a good idea. In my opinion, turnkey is the least attractive option, you lose all of your equity on day 1 as the turnkey provider and others involved are taking that equity for themselves. Best of luck!