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Updated over 1 year ago on . Most recent reply

User Stats

14
Posts
7
Votes
Kyle Allen
  • New to Real Estate
  • Denver, CO
7
Votes |
14
Posts

Long distance vs hands on

Kyle Allen
  • New to Real Estate
  • Denver, CO
Posted

I’m looking to buy my first rental property soon and I’m not sure if I should get a hands on self managed property in Denver metro or a more affordable market out of state. 

Entry costs are lower out of state but I have a great Real Estate agent with a vast network I can capitalize on. 

Any thoughts?

Most Popular Reply

User Stats

1,355
Posts
1,662
Votes
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
1,662
Votes |
1,355
Posts
Samuel Diouf
  • Real Estate Agent
  • Columbus & Cleveland, OH
Replied

I personally think out-of-state investing is a top choice. You can invest in any market selecting the ones that you believe are seeing growth, and do it remotely. Once you get your systems down, you have a real estate business that you can take anywhere and be still be successful. I work with plenty of out-of-state investors who are seeing great success here in Ohio.

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Reafco - Samuel Diouf
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