Buying properties outside of your market.

Buying properties outside of your market.

Investor · Lancaster, PA · Member since 2015 · 64 posts · 13 votes

I would love to hear people's advice on buying outside my local market. Where do I start? What do I do to start looking at deals outside my market?

Thanks in advance!

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  • Rental Property Investor · Greenwich, CT · Member since 2015 · 4k+ posts · 2k+ votes
    10y

    @Jeremy Hunsberger, I think you identify markets where you have people that can be your "boots on the ground." Even if it's only a few hours away, you need people that know the neighborhoods, can use their contacts, and can be trusted.

    Curious, why are you looking outside your area? I've heard there are good opportunities in the Lehigh Valley and Harrisburg/Carlisle areas.

  • Investor · Lancaster, PA · Member since 2015 · 64 posts · 13 votes
    10y

    well I am always looking for a good deal,  I'm in the lancaster county market so lehigh valley and harrisburg are completely different than what I'm used to as far as different in prices and rents.

    I appreciate your input!

  • Brandon, FL · Member since 2016 · 19 posts · 3 votes
    10y

    @Jaysen Medhurst  Hi Jaysen.  My home is Harrisburg so I'm very familiar with the East & West Shores.  I was looking to invest there but I'm not getting return calls from the Realtors® I've contacted in that area.  Any suggestions?  Thanks!

  • Property Manager · Lancaster, PA · Member since 2016 · 77 posts · 30 votes
    10y

    We invest and manage a bunch of properties in Harrisburg, PA and have had good returns there.  Send me a direct message and I'll send you some names / #s of real estate agents in the area that we'd recommend.

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