WARNING: Strong Language Ahead
Hey, what's up friends! Sara here, and today we're talking about getting the fuck out of your comfort zone with long distance real estate investing.
Now, I know a lot of people are hesitant to invest in properties outside their local market, but let me tell you, the potential for higher returns and diversification of your portfolio is totally worth it. But before you dive in, it's important to do your research and due diligence on the market you're considering. Analyze property data and trends, talk to local real estate professionals, and make sure you have a solid financial plan in place.
But let me tell you, it's not gonna be easy. Managing properties from a distance can be a real pain in the ass, but with the right strategies and a good network of local contractors and service providers, you can make it work. And remember, communication is key, so make sure you stay in touch with your property manager and tenants and address any issues promptly.
So, don't be a pussy, step out of your comfort zone and consider long distance real estate investing. The potential rewards are worth it.
Thanks for tuning in, and be sure to check out more of my content for more real estate investing tips and strategies @ www.easterbrookestates.ca