Ohio real estate
Recently getting started in the real estate investing world. What are thoughts on first property being out of state like 8hrs away. If you learn the area and find real great deals and have a hunch on what might be a up and coming area. Even if your first is more risky isn't it worth it!!
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#5 Out of State Investing Contributor
- Real Estate Agent
- Columbus Cleveland Dayton, OH
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#5 Out of State Investing Contributor
- Real Estate Agent
- Columbus Cleveland Dayton, OH
Hey AJ, totally agree, sometimes that first out-of-state deal can be the best teacher. As long as you take the time to really learn the market, vet your local team, and run conservative numbers, it can absolutely be worth the risk. Many investors I work with started remotely and built solid portfolios once they had reliable boots on the ground. The Midwest in particular has been great for out-of-state investors because of the strong cash flow and steady appreciation potential.