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Nate Burgher
  • Olympia, WA
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Invest out of Market: 5 Hour Drive or 5 Hour Flight?

Nate Burgher
  • Olympia, WA
Posted Jan 18 2018, 19:57

When you go to invest out of your local market, would you choose a market that's a 5 Hour Flight away, or choose a market that you know much better but is 80% as good that's a 5 Hour Drive away?

I'm currently invested in my local market of Olympia, WA (1 hour south of Seattle) and am looking to add at least two more properties this year. Currently the Olympia market has become a little too expensive for my taste, good returns are becoming tougher to come by. I've never invested out of my market before, but have trustworthy investor contacts in Philadelphia, Phoenix and Eastern WA. My interest in OOS investing has grown exponentially over the last few months, and I'm curious if you think a drive is better than a flight for any specific reason?

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