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Suzanne Chan
  • Rental Property Investor
  • Oakland, CA
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38
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Investing in out of state is it necessary to visit prior?

Suzanne Chan
  • Rental Property Investor
  • Oakland, CA
Posted May 31 2018, 09:03

Hi I'm new to investing out of state and am looking at the Cleveland market. My business partner and I have invested in some homes in California and are selling one and doing a 1031 exchange. However through reading alot of literature alot of investors are saying its not necessary to visit the property before investing with the use of technology and video conferencing its much easier. I believe we should meet the agent/property management company in person and really get a feel for the property, it's a Turnkey 20+ unit apartment complex. My partner is saying it's not necessary, what are your thoughts it's a large investment. 

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