Long Distance Investing Wins And Losses
I invest out of state successfully. I know some members and vehemently against it and have stated that they know many have lost their shirts. Yet many members continue to go that route. My take on this those that did lose their shirts investors would have made it probably did not understand what was truly was required to succeed. For one there was no BP around or they were aware of BP. My guess is they had BP around as it exist today, more investors would have came through. To those who have long distance properties, are you succeeding with your properties out of your area especially the c and d properties and how long did it take you to reach cashflow you expected? Can you tell someone truthfully that out of area can be done successfully.