Updated almost 5 years ago on . Most recent reply
Is it good to invest in another state
Was curious to know is it good to invest in another state
Most Popular Reply
I would say no until you've managed rentals locally. Once you know what it's like to manage at least a rental or two.
You need to be able to manage the manager, per se.
Would you give your money to someone 1,000 miles away to manage the most critical, make or break outcome of your investment (PROPERTY MANAGEMENT) without understanding first hand what that job entails.
Maybe you'd call me conservative. Maybe I'd call you crazy.
You should invest out of state, but you have to take baby steps first or buyer beware.