Long Distance Investment Properties

[Amanda Bruneau]

I love the idea of buying rental properties in a more landlord-friendly area, but the idea of managing a rental property from afar is terrifying. I would love to hear people's experiences with doing this and how it has worked for them. Thank you!

[Zach Lemaster]

@Amanda Bruneau

Investing out of state can be an excellent way to achieve better returns & cash flow especially if you live in a very expensive market.  Of course, you need the right boots on the ground team to assist with all aspects of the home including management.  So as long as you have the right team in place you can build a very successful portfolio with this strategy.  Ultimately I believe it is ideal to have a diversified portfolio across a few different markets depending on your goals.  That is how my wife & I have successfully built a large portfolio over many years allowing us to retire from our professional careers in healthcare.

I would highly consider looking at new builds in FL that have excellent cash flow, strong appreciation in a great area on a brand new build that could have $30k+ of immediate equity!  That is the best opportunity we've seen for quite some time in this market climate.  I'm happy to answer any questions you have at any point in time!