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All Forum Posts by: Deepika Prakash

Deepika Prakash has started 1 posts and replied 3 times.

Post: New to real estate investing and want to explore out of state investing

Deepika Prakash#2 Starting Out ContributorPosted
  • New to Real Estate
  • Posts 4
  • Votes 10
Quote from @Alecia Loveless:

@Deepika Prakash Pick one market and try to become an expert on it. This will help you gain a bit of an advantage in your investing.


Thank you so much Alecia - make sense! That's a good way to dive in and also build some confidence analyzing deals

Post: New to real estate investing and want to explore out of state investing

Deepika Prakash#2 Starting Out ContributorPosted
  • New to Real Estate
  • Posts 4
  • Votes 10

Thank you all for the responses! Will definitely add Columbus Ohio to my research 😃

I realized im so far away in terms of my knowledge on real estate investing and have a lot of homework/research to do! I underestimated how much I need to know before diving in 😅

Is there any course or video you recommend from bigger pockets to help learn the basics of real estate investing? 

Post: New to real estate investing and want to explore out of state investing

Deepika Prakash#2 Starting Out ContributorPosted
  • New to Real Estate
  • Posts 4
  • Votes 10

Hi all,

I’m new to real estate investing and looking to buy my first real estate property. Im looking to buy an out of state property. My goals are to diversify my portfolio, take advantage of the tax benefits of having a mortgage, and invest in a property with long-term appreciation potential.

Given my busy schedule, I’m hoping to take a more hands-off approach by working with a trusted local team. That said, I know how challenging it can be to build the right relationships and get started, especially when investing remotely.

I currently live in a high-tax, landlord-unfriendly city with sky-high property prices, so I’m definitely not looking to invest locally. I’d love to start small and smart, but I’m also feeling overwhelmed with how to choose the right market from afar.

Has anyone been in a similar position? How did you go about shortlisting and evaluating your market? Would appreciate any tips or lessons learned!