Buying your first rental property is tough. There are so many things that can go wrong on your first deal. What if you overpay for the deal? What if your tenants are bad? What if you get scammed? Doing the proper due diligence on your first real estate deal is going to lower a lot of the risk involved, but what if the deal is out of state? If your first real estate deal is an out of state rental property, it's going to be even harder to do your due diligence. It's a lot easier to get scammed on your first real estate deal if it's an out of state turnkey property. It's a lot riskier to invest out of state, because when you're buying properties out of state, you usually don't know the market like your own market. Many of the properties in the cash flow markets that turnkey investors buy as their deals are so much cheaper than the turnkey buyer's home market, so the out of state investor let's their guard down. When you let your guard down in real estate, that's how you get scammed. In the 1,457th episode of The MLS Search & Analysis Show, out of state rental property expert James Wise, is showing turnkey investors how to avoid getting scammed when they are buying out of state rental properties. If you are interested in turnkey real estate investing or out of state landlording, you don't want to skip a minute of this show. HoltonWiseTV provides out of state investors with a real life look at out of state investing. HoltonWiseTV is turnkey real estate made easy.
