Updated over 6 years ago on . Most recent reply
Thoughts on out of state multi family investing? Pros/cons?
I recently have an opportunity to purchase 3 multi family units out of state (Maine). I currently reside outside of Boston. The numbers create a nice monthly cash flow even with property manage. I feel I have reviewed every possible pro/con but you don’t know what you don’t know. Any one have any experiences, good or bad, to share?
Most Popular Reply
Out of state in the NE is not the same as the west coast my guess is you could drive to ME in a couple hours which mitigates some of the risks.