All Forum Posts by: Yosef Shapiro

Scott,

It can be done; however, the difficult part is building a network of reliable and trustworthy people in the area you want to invest in. I recently pruchased a property across the country and I never even saw it; as of now its doing great! If you have a reliable agent, property manager, and property inspector it can be done. Let me know if you have any more questions.

Best,

Yosef

Andrew,

I recently purchased a property 3,000 miles away from where I live. I live in California and purchased a property in Upstate New York as well!. I never saw the property persoanlly and never needed too. The key is to build a relationship with a good realtor in the area that understands your needs. You also must build a relationship with a good property inspector and property manager. I was fortunate enough to have all 3 of these people inspect the property i purchased and other prospective properties and give their opinions, comments, concerns, etc. Overall it has been great with no major issues yet (knock on wood).

If you or anyone else has any questions about investing out of state or in Upstate New York please contact me. I will be happy to refer you to the connections I have developed in that area.

Best,

Yosef