Updated about 10 years ago on . Most recent reply
Where Do I Start --- Reluctant Out Of Town Investor!
I keep hearing and reading article suggsting investors need to be willing to buy investment properties outside of their state of residence.
With so many horror stories out there of investors/owners buying in far away states only to have the property deteriorate. I'm reluctant to buy/hold/rent in a state where I don't live. Will not buy property sight unseen but also realize there are investment properties outside my home state (CA).
Being an out of state investor, it's difficult to put together a team (contractor, plumber, electrician, agent, etc) to help evaluate properties in a state I've only visited but see opportunities for investment properties?
Where do I start?