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Updated 28 days ago on . Most recent reply

User Stats

16
Posts
22
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Joshua Piche
22
Votes |
16
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Looking for someone with experience who bought/owned out of state

Joshua Piche
Posted

I am based in Socal and have been looking at getting my first out of state property. With Ohio being top of my kist currently . I have decided to try the cash flow route and hope to own a few in the future . I have started taking some steps like speaking with people based in Ohio. But if there is someone who has not only bought but actually owned property in Ohio as an out of state investor Id appreciate your time going over some things or even just hearing your experiences . 

Most Popular Reply

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5,660
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Nicholas L.
#3 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,813
Votes |
5,660
Posts
Nicholas L.
#3 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Dave Poeppelmeier

i totally agree with you - it's usually the investor, not the market.  and I invest in the midwest!  But if someone in California came to me and said "I saw a property on Zillow that I haven't been inside, in a neighborhood I don't know anything about, and I'm going to spend my life savings to buy it because Brandon Turner did a webinar in 2016 that said I'd cash flow $187 a month" I would say, "please don't do that" no matter where it is - Pittsburgh, Ohio, Kazakhstan, wherever.

so yes, team is critical.  getting off the Internet and getting yourself to these markets in person is critical.  Internet is not working right now.

  • Nicholas L.
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