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Jason Malabute
  • Accountant
  • Los Angeles, CA
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investing out of state

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

Hi All,

I live in Los Angeles.

I was wondering what is the process of identifying, analyzing, and investing out of state?

How long does the process of investing out of state normally take (newbie)?

I will not have capital to invest until January 2019... What should I be doing/studying until then?

Thank you,

JM

  • Jason Malabute
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Malabute & Company CPAs
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25 Reviews

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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
1,369
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Tom Ott
  • Equity Raiser and Turnkey Provider
  • Cleveland, OH
Replied
Originally posted by @Jason Malabute:

Hi All,

I live in Los Angeles.

I was wondering what is the process of identifying, analyzing, and investing out of state?

How long does the process of investing out of state normally take (newbie)?

I will not have capital to invest until January 2019... What should I be doing/studying until then?

Thank you,

JM

Hello and welcome! If you are investing out of state, turnkeys might be a great way to go. Ideally the provider will own the property, do all the renovations, and manage it all for you in house. Watch out because some providers do not do that and I would stay clear of them.

Try looking at:

The Best Types of Markets for Profitable Turnkey Properties

and

How to Find the Right Turnkey Real Estate Investment Company for You

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