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Updated over 4 years ago on . Most recent reply
INVESTING OUT OF STATE
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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#1 Real Estate Horror Stories Contributor
- Property Manager
- Royal Oak, MI
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#1 Real Estate Horror Stories Contributor
- Property Manager
- Royal Oak, MI
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:)
- Drew Sygit
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- 248-209-6824
