Almost weekly I have someone ask me about investing out of state. Before I lived in Denver and became an agent, I researched out of state investing. Long story short, it’s not for me. I wanted to bring someone on the podcast that has successfully invested out state to tell us what it’s really like and what it really takes – the good and the bad, the pros and the cons.
Terrance Doyle is back on the podcast. He owns over 250 units in Des Moines, Iowa and over a 100 units in Denver. He’s a great person to give perspective on both instate and out of state investing.
Topics discussed:
- His rules of thumbs for working with leasing agents, maintenance people, and billing.
- The one condition you must have for investing out of state.
- Why property management is the key.
- Plus a lot more!
Connect with Terrance at http://www.thevareco.com or on Instagram at @terrancedoyle
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