Updated about 7 years ago on . Most recent reply
Investing in out of state rental properties
Is it best to always see a property before investing if it's out of state?
Most Popular Reply
Actually seeing it yourself is not that important. I own a triplex 30 minutes from my home and I have never actually seen it. I looked at it online, sent out my inspector who noted a possible plumbing problem. I sent my plumber and he said it was fine. I bought the triplex and it is under property management. June was a year and it has been amazingly profitable, I clear 1k a month after expenses.