Why You Should ALWAYS Invest in Out-of-State Real Estate

The Real Estate InvestHER Show - A podcast by BiggerPockets

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EPISODE 451: It is our opinion that you should only ever invest out of state.  Yes, believe it or not, investing out of state comes with all sorts of advantages that you just don’t get when you stick to your home turf.  Sure, it can be risky, but with great risks come great rewards. And once you turn your focus towards out-of-state deals, you’ll find better deals and a world of opportunities just waiting for you.  So, if you feel like your local investments are not making you as much money as you’d like or that you’re constrained and too narrowly focused on one area, then this episode is for you! In it, we break down all the reasons why you should only be investing out of your home state. Are you ready? Tune in now! Key Takeaways:  Introduction (00:00) Asset manager vs property manager (03:50) The opportunity for better deals (06:49) The importance of clear processes (07:40) Team-building opportunities (08:51) Additional Resources: ⚡ Join the InvestHER Movement Get your ticket for InvestHER CON 2024: https://www.therealestateinvesther.com/investhercon Join the InvestHER Community: https://www.facebook.com/groups/therealestateinvesther/ Apply for your STRIVE Membership here: https://www.therealestateinvesther.com/membership Join our InvestHER Meetups: https://www.therealestateinvesther.com/investhercon Schedule a discovery call with us: https://www.therealestateinvesther.com/investherorg -- The Real Estate InvestHER Show is a podcast by women for women all over the world who want to learn how to invest in real estate, grow their portfolio, and develop the mindset that allows them to run successful businesses while taking care of their families and – most importantly – taking care of themselves. Follow us for more Learn more about your ad choices. Visit megaphone.fm/adchoices