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Buying & Selling Real Estate
Account Closed
  • Seattle, WA
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Buying rental properties when not located in the local area?

Account Closed
  • Seattle, WA
Posted Aug 27 2016, 16:14

Hi all,

First time poster - been listening to the podcast which has been great.  Many people who I hear on the podcast or read articles on are very familiar with the areas they're buying rentals in as they more than likely live in the area.

Unfortunately for me, I live abroad at the moment - though originally from Seattle.  I'm wondering options there are for investors like me?  My strategy would be buy, remodel, rent and hold rather than flip them - looking at the cash flow instead of depending on appreciation.

It would be difficult to manage a purchase of a property from a broad and tenancy agreement, but even more difficult to manage a remodel!  Thoughts?

Thanks!

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