Episode #1145
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Can’t make the numbers work in your local market? No worries—long-distance real estate investing is the natural next step. We’ve done it before, many times, and made the beginner mistakes, so you don’t have to. Now, we’re gearing up to do it again. Dave and Henry are heading out on the “Cash Flow Road Show,” touring top Midwest markets, and maybe even making offers along the way.
These trips are crucial for finding deals and getting to know an area. We’re sharing the exact blueprint to follow before you make a long-distance investment. Who should you meet? How do you know a neighborhood is safe? What are the exact questions you should ask an agent?
We’re providing you with the complete list so your next long-distance or out-of-state investment is a success. Seriously, we’re giving you an actual list of things expert investors do before buying in any area. Don’t just show up and start touring houses—make your trip out to a new market worth the effort. Follow these exact steps before long-distance investing!
0:00 Long-Distance Investing Blueprint!
3:07 Cash Flow, Baby!
6:38 TALK to Agents and Managers
10:11 Ask Every Agent This
16:36 Ask Property Managers This
21:26 Touring Neighborhoods
28:40 Best Time to Take a Trip