Purchasing in Tenesee and other out of state purchases

Purchasing in Tenesee and other out of state purchases

Rental Property Investor · Member since 2018 · 10 posts · 0 votes

Hi Everyone,

Its been a while. My husband and I live in NY and are considering selling our income property in NY and purchasing one in Tennessee so have as a vacation home and airbnb. 

We literally don't know the first thing about purchasing out of state, but want to learn. Where is a good place to start with resources to learn. How do we find and vent management companies (someone to check on the place, fix problems if **** hits the fan etc)?

Any info is greatly appreciate!

Thank you so much!

Jennie

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  • Lender · Nashville, TN · Member since 2021 · 21 posts · 9 votes
    4y

    I would say the best resource is David Greene's book Long Distance Real Estate Investing. What part of Tennessee are you wanting to buy?

  • Real Estate Consultant · Chattanooga, TN · Member since 2018 · 384 posts · 330 votes
    4y

    Hi Jenny!  Great question.  I've found there are facebook groups about short term rentals and various locations that you might find helpful.

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