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Real estate out of state

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Money Talk > Real Estate

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New Member

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Location: The Sunshine State
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If your looking for an investment property outside your state might as well look at properties on Florida. If you plan to retire, thats the best place to be.
Post Tue Sep 24, 2013 11:17 am
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Joined: 25 Sep 2013

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I thought of calling this article "Don't Lose a Quarter Million Dollars by being a Stupid Real Estate Investor" but I changed my mind. While I was speaking at a real estate seminar in Reno, Nevada not too long ago I was approached by a gentleman who was almost in tears over his experiences with out of state investing. Why was this grown man so shaken up?
Post Wed Sep 25, 2013 11:29 am
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Natalia Smith

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I think you should invest in it. Real estate is always considered as one of the smart and lucrative investment and you will never regret after investing in it. But before investing in it you must have knowledge of various prospectus related with it.
Post Wed Dec 18, 2013 9:51 am
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First Time Poster

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Location: Portland, OR
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If you're already based in Germany, it might be worthwhile looking at where in the States people are making the best returns on investment rental properties. You're going to need to pay for rental management fees to might as well get maximum bang for your buck!
Post Mon Jun 09, 2014 4:45 pm
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Senior Member

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Joined: 20 Jul 2005
REAL ESTATE INVESTING Stategies  Reply with quote  

Having faced the same question in the past, and learning the lessons of investing outside your area of knowledge, don't do it, it will be a nightmare unless you use a good management company. Obviously, if you invest in areas of higher potential return, you are going to pay more for the properties to begin with, so think about it, are you really going to see a higher return on your investment. NO, so my advice is keep your investments close to home market.

Success to all,

Post Thu Jun 12, 2014 10:49 am
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