Long term invest

[Sejin Kim]

Hello, 

what steps do you guys take for long distance properties? 

my husband and I want to buy a property for our vacation home. We will visit there once~twice a year and meanwhile we want to rent it out as short term rental. ( we are thinking of Florida and that market seems slow these days ) 

we are in CA.  We want Cash flow. 

we are going to get loan. 

So do you guys visit properties and then put an offer? Or do you just use realtor and ask video tour? Or do you put offer and then visit? 

We found properties we liked however in order to cash flow, we need to do good negotiations since the price we will offer will be much less than what seller asks.. 

it will be our first investment and we are excited and nervous. 

Any advice will be appreciated. 

Thank you. 

[January Johnson]

I echo what others have said.  I sell the entire Emerald and Forgotten Coasts, or as I like to say, "between the Colas" (Pensacola and Apalachicola).  99.9% of my clients buy remotely, and many of them don't come in person, even for closing.  I am happy to tour you around if you DO choose to visit, but I am equally happy to do video tours, FaceTime with you, and anything else you need to be comfortable purchasing from a distance.  

I also come complete with recommendations for everyone from lenders (@Raymond J. Rodrigues is on my list!) to insurance brokers to inspectors to handymen and cleaners.

Happy to speak further with you about my area any time.

Thank you, @Michael Baum for the mention!