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Ready to Invest Out-of-State

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  • Posts 33
  • Votes 14

Benjamin Lenz
Realtor from Walnut Creek, CA

posted over 3 years ago

Hi everyone,

I live in Brooklyn, NY and like most people who live here, I've come to find that investing in RE is simply not affordable in this area. I was listening to David Greene's podcast and I'm currently reading his book, "Long-Distance Real Estate Investing." I find his perspective to be very practical and it has encouraged me to look to invest in my first rental property out-of-state, but I need to find the right people to make my first RE venture a success. If you are an investor or an investor-friendly agent in one of the more affordable markets, I would love to have a conversation with you. My hope is to find individuals who I can form long-lasting relationships with, which are mutually beneficial. 

Thank you!

Benjamin Lenz

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Check Rosette Top Subjects:
Rentals, Single Family, and Residential
  • Posts 4.6K
  • Votes 1.9K

Basit Siddiqi
Accountant from New York, NY

replied over 3 years ago

@Benjamin Lenz

There are real estate investing networking events that occur in NYC where attendees discuss investing out of state. You may find it beneficial to start attending some.

I think your search would attract more viewers if you narrowed your search to specific cash-flowing areas that peeked your interest.
Example - I am looking to invest in Las Vegas, Nevada or Akron, Ohio.
The reason for this is because many agents, investors etc have keyword alerts for those specific keywords. Therefore they would see this post.
It also shows to the viewers that you at least did some work/analysis. 

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Check Rosette Top Subjects:
Team and Residential
  • Posts 146
  • Votes 79

Chris LumLee
Investor from Honolulu, HI

replied over 3 years ago

Let's connect also.

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  • Posts 33
  • Votes 14

Benjamin Lenz
Realtor from Walnut Creek, CA

replied over 3 years ago

@Basit Siddiqi thank you very much for the advice that makes a lot of sense. Do you have any suggestions for any specific meet ups that you like?

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Check Rosette Top Subjects:
Rentals, Single Family, and Residential
  • Posts 4.6K
  • Votes 1.9K

Basit Siddiqi
Accountant from New York, NY

replied over 3 years ago

@Benjamin Lenz

There are 2 options to find local real estate investing networking events in your area
1. Use the events feature of Biggerpockets
2. Search for meetup groups on meetup.com

Below is a link to some events occuring near NYC in the near future.
https://www.biggerpockets.com/forums/521-events-an...


Below is a link to some popular real estate networking groups on meetup.com

https://www.meetup.com/NYC-Flippers-and-Funders-Me...
https://www.meetup.com/New-York-Real-Estate-Invest...
https://www.meetup.com/NJREIGroup/
https://www.meetup.com/goldcoastnetwork/

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Check Rosette Top Subjects:
Rentals, Analyze Deals, and Traditional Financing
  • Posts 3.7K
  • Votes 2.1K

Lane Kawaoka
Rental Property Investor from Honolulu, HAWAII (HI)

replied over 3 years ago

@Benjamin Lenz I started with turnkey in Birmingham Atlanta and Indianapolis would be glad to get on phone and answer questions

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  • Posts 37
  • Votes 18

Shepard Ager
Real Estate Professional from Birmingham, Alabama

replied over 3 years ago

Let’s connect

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Check Rosette Top Subjects:
Rentals, Traditional Financing, and Team
  • Posts 341
  • Votes 221

Alpesh Parmar
Investor from Dublin, CA

replied over 3 years ago

I am an out of state investor based out of SF Bay Area. Feel free to ping me and I will help you any way I can.

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