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Jacob Reese's profile image
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Jacob Reese
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Jacob Reese
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Buying & Selling Real Estate

INVESTING OUT OF STATE

Jacob Reese
Posted

I live in Utah and real estate is starting to boom here. As I run the numbers, it is difficult to find cash flowing properties that are less than $250,000. I have heard of friends investing in out of state properties that are cash flowing and utilizing property management companies to handle. Do any of you have recommendations for specific states to invest in? Are you currently doing this? I don't want to re-invent the wheel and would love some direction from someone currently doing this. What works for you? Which states are you investing in?  

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Drew Sygit's profile image
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Drew Sygit
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Drew Sygit
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Drew Sygit
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Drew Sygit
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The Midwest has a lot of cities with great cashflow, but the tradeoff is lower appreciation.

DM us if you'd like to discuss Detroit:)

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