Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

9
Posts
1
Votes
Ryan Twomey
  • Investor
  • MA
1
Votes |
9
Posts

Out of State Multi-Family Investing

Ryan Twomey
  • Investor
  • MA
Posted

Hi all! I am currently looking to purchase a small multi-family property and was thinking of purchasing out of state in order to have a lower entry point regarding my down payment amount and purchase price. My goal is to enter a cheaper market that has strong cash flow. I am looking for any advice on the process you followed purchasing a property out of state:

Did you visit the property prior to purchase, or use another source to view the property for you? 

How were you able to find a strong property manager in that area and what qualities did you look for in choosing the right manager?

What obstacles did you face in finding and closing on the deal? 

Thanks!

Loading replies...