All Forum Posts by: Aaron Ameen
Aaron Ameen has started 0 posts and replied 21 times.
Post: Has Anyone Achieved Significant Success Investing Hundreds or Thousands of Miles Away

Aaron AmeenPosted
- Investor
- Houston, TX
- Posts 22
- Votes 26
Hi Allen,
My wife and I own 8 rentals, the closest of which is 1000 miles away. All of our properties are cash flow positive and we have teams in place to help manage them.
with that said, we had previously lived in 2 of those 3 markets, which certainly helped. But I also now believe it is completely possible to build teams and systems remotely to go into most markets and succeed.
We even self managed our properties for a period of time, although we have since switched to using 3rd party PM across the board.
The key is finding and building relationships with other investors in that market. That acts as a check and balance against vendors and makes sure you don't become too singularly dependent on one party.