Sharon Vornholt - Let's Talk Real Estate Investing

Which is Best? Investing Locally or in Another State?

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Sinopse

This question, has been around forever. Which is best; investing locally or in another state? So what's the answer?  Well, it depends. It depends on your business goals, your level of experience, property costs in your area, and to some degree the degree of risk you can live with.  For some real estate investors the choice is simple. They live in areas where property costs too much for it to make sense to invest where they live. Southern California is just one example of this.  On the other side of the spectrum is where I live which is Louisville, KY.  Property is very affordable here compared to many places. One thing I am sure of is that you must have systems in place, boots on the ground and reliable property managers to make this work.  I have some tips for you in this show as well as a resource for those "boots on the ground".  Be sure to stop by the Louisville Gals Real Estate Blog.   Coming this month - my brand new probate course, Probate Investing Simplified.  You can check it out here.  The spots wi