Investing from the Bush of Alaska

[Sean Davis]

Happy Super Bowl Sunday!  I'm not a sportsball fan, but I'll take any reason to celebrate in the current climate.

I am new to investing, and apparently new to the internet, I posted my last introduction post in Real Estate News and Current Events.  Even so, the community here was helpful and welcoming.  I was almost closed on a property, but thanks to a lot of sage advice, I pulled out at the 11th hour.  I'm still hungry to get into the market.

I am a dentist practicing in bush Alaska. Because of this I am necessarily interested in long distance investing.  I understand that this will necessitate working with property managers, but I am hoping that I can build a good team for mutual benefit.  

I can not find a property that fits the 1% rule.  I feel like I need a different approach to analyze properties.  I'd love any resources or advice that anyone could offer.  I am also interested in finding ways to maximize my tax benefits with real estate.

Thanks very much for reading!  I hope that I can contribute to the community here!

[Chris S.]

I agree with @Keenan Fitzpatrick. Investing up here is a different animal. Have you tried Eagle River? Every now and then you can get a good price on a 2-4 unit or more, although they tend to get picked up quick. We have a place in ER that has been great, super easy to manage and get tenants. Hell even BP recommended it for the highest cashflow in Alaska, although I am not sure their criteria. 

Just keep looking, or talk to someone who knows the market well. I know @Jamie Rose really well and personally recommend him, he knows the area well. Keenan is also an excellent resource although I admittedly don't know him as well, only from his posts and meeting a few times.