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Updated over 6 years ago on . Most recent reply

Maurice Blackledge's profile image
Maurice Blackledge's profile image
Maurice Blackledge
  • Rental Property Investor
  • from NC
  • Member since Sep 17, 2018
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Maurice Blackledge's profile image
Maurice Blackledge's profile image
Maurice Blackledge
  • Rental Property Investor
  • from NC
  • Member since Sep 17, 2018
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Maurice Blackledge
  • Rental Property Investor
  • NC
117
Votes |
107
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General Landlording & Rental Properties

Investing in out of state rental properties

Maurice Blackledge
  • Rental Property Investor
  • NC
Posted

Is it best to always see a property before investing if it's out of state?

  • Maurice Blackledge
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    Lesley Resnick's profile image
    Lesley Resnick's profile image
    Lesley Resnick
    • Real Estate Agent
    • from Jacksonville, FL
    • Member since Jul 9, 2015
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    Lesley Resnick
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    Lesley Resnick
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    • Jacksonville, FL
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    Lesley Resnick
    • Real Estate Agent
    • Jacksonville, FL
    Replied

    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.     

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