Question: Can I buy in a nearby state?

[David Lawson]

I was just curious. I am new to investing and I'd love to keep learning, I'm determined and don't want to give up! So, I am outside of Philadelphia and it takes me 5 minutes to actually leave my house, cross the bridge and physically be in New Jersey. However my concern is this: if I do not live in New Jersey currently, is there any hurdles I should be aware of with looking at an investment house over there? Specifically multifamily if that makes any difference?

Thank you!

[Account Closed]

None. Just know the laws of New Jersey and have a lawyer, escrow company and title company for the area you are investing in. You could invest in New Zealand or Canada if you wanted to. I invest in Arizona, California, Washington and Texas. I could invest other places with no concerns if I have a good real estate lawyer there.