Finally got my first out of state property fully rented. This was my first investment property and yes I went out of state. May seem crazy to some but let me tell you how I did it.
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… of work. Lucky I knew my property manager had an in house GC and we remodeled both units. This property now brings in $1,825 and my monthly expenses are $1,200
Or not…
After I had those two members I started my search. My agent actually brought me an off market deal (I knew he could get me these because I had asked him how he found deals before I hired him) it was a duplex, I bought it for 128k put 25% down. The units needed a lot…
If you are trying to buy property right now don’t get discouraged if your offer doesn’t get accepted. It’s a very tough market and the only thing you can do is keep submitting offers.