In this video, Chandler David Smith breaks down all the pros and cons with investing out of state. He discusses all the reasons why people may consider investing in a state different then the one they are living in. And all the differences you may not have already considered. With many markets in the United States setting record high prices, many people are struggling to find deals on real estate. Many people have considered investing out of state, but have concerns like:
- How do I know if I am getting a good deal on an out-of-state property?
- How can I find a property manager I can trust?
- Is it harder to finance a deal that is in a different state?
- What is the best state to invest in properties?
-What is the best real estate market for cash flow?
If you are unable to find deals in your current market, you should consider looking at other markets. In this video, Chandler shares how he has made his decision to start local, and when and why he will start investing in other states.
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Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home.
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Real Estate Portfolio
https://www.youtube.com/playlist?list=PLgBdAuQ6z2LUkikeMlF-WbFlWk63f9tA0
What is a Good Deal?
https://youtu.be/socXihCNHkU
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