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Updated over 4 years ago on . Most recent reply

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106
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Zachary McDonough
  • Rental Property Investor
  • Accokeek, MD
84
Votes |
106
Posts

Establishing out of state markets

Zachary McDonough
  • Rental Property Investor
  • Accokeek, MD
Posted

Hello RE Investors,

While I am actively searching for properties within my market, I have been spending time developing my systems and processes with the perspective of venturing into out of state investing. I have began creating my criteria for potential markets based on schools, jobs, population, crime, etc. However, I am looking for different ways to verify my data via technology. What sites or tools are you using to find data on potential markets? 

P.S. I know that BP Insights has some of this too, Please recommend what parts you've had the most success with! 

Thanks everyone!

  • Zachary McDonough
  • Most Popular Reply

    User Stats

    5,598
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    6,588
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    Remington Lyman
    #3 Out of State Investing Contributor
    • Real Estate Agent
    • Columbus, OH
    6,588
    Votes |
    5,598
    Posts
    Remington Lyman
    #3 Out of State Investing Contributor
    • Real Estate Agent
    • Columbus, OH
    Replied
    Originally posted by @Zachary McDonough:

    Hello RE Investors,

    While I am actively searching for properties within my market, I have been spending time developing my systems and processes with the perspective of venturing into out of state investing. I have began creating my criteria for potential markets based on schools, jobs, population, crime, etc. However, I am looking for different ways to verify my data via technology. What sites or tools are you using to find data on potential markets? 

    P.S. I know that BP Insights has some of this too, Please recommend what parts you've had the most success with! 

    Thanks everyone!

    It does not matter where you start as long as you develop your Core 4. The core 4 is David Greene’s strategy for long-distance and made up of a realtor, contractor, property manager, and lender. Once you have this team in place, you should be able to confidently invest in any market.

    I know a lot of OOS investors that have started here in Columbus, Ohio

    • Remington Lyman
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    Reafco
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