Out of state property ?


If your looking to purchase property out of state, what would be some the questions you wold have to ask yourself and the company that would be managing the real estate ? How would you look up information in that given area ? In other words, how would you do your home work ? Any information would be great ! Thanks for your time !

I think rule #2 in real estate investing is to invest close to where you live. It’s not necessary of course, but you’re breaking a rule of successful investing.

With that said, (I have zero properties so far so you’ll be ahead of me) I would ask the property management firm if they guarrantee tenants and vacancy rates.