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Updated almost 4 years ago on . Most recent reply

User Stats

70
Posts
31
Votes
Alex Ballesteros
  • New to Real Estate
  • Los Angeles, CA
31
Votes |
70
Posts

OOS Investing : Encountering Issues ?

Alex Ballesteros
  • New to Real Estate
  • Los Angeles, CA
Posted

I’m thinking of potentially investing out of state & would like to know the common mistakes & issues from your guys personal experience. 

How have you navigated through these issues ? Any advice?

Most Popular Reply

User Stats

297
Posts
159
Votes
Adam Lacey
  • Investor
  • Castle Rock, CO
159
Votes |
297
Posts
Adam Lacey
  • Investor
  • Castle Rock, CO
Replied

@Alex Ballesteros my suggestion would be to pick one market and go all in. Visit the city, talk to every brokerage that does MF, talk to 3-5 property management companies that specialize in your preferred asset class and just really get to know the ins and outs.

I made the mistake of looking at too many markets when I first started. I started to gain traction once I niched down to 1 or 2.

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