Do you live in an area where property is so expensive that it feels impossible to get a good return on your investment? Or is your local rental market too flooded with properties or lacking in the kinds of tenants you’d like to work with? Whatever the challenges, if owning and maintaining rental property in your area isn’t a good fit for your business goals, it might be beneficial to consider investing farther from home.

Investing in a rental property where you can’t be nearby to perform inspections, interact with tenants, or perform maintenance can feel intimidating. However, experienced real estate investor and BiggerPockets co-host David Greene has compiled his processes and strategies into a book to help potential out-of-state landlords get started.

Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties illustrates that investing in real estate far from home is possible and profitable if done right.

Starting with a chapter on why a landlord might want to invest in an out-of-state property, Greene addresses common fears and objections and explains how recent changes in the market and technology have made long-distance investing more accessible and less risky. The rest of his book details the steps and relationships necessary to make a long-distance investment successful, from finding the right market and property to building your team of lenders, property managers, contractors, and more. Long-Distance Real Estate Investing makes clear that the keys to any real estate investment are understanding your market and building a network of reliable professionals to work with, regardless of whether the property is near to home or far away.

Greene makes complex concepts easy to understand by breaking them into more straightforward steps. His conversational style and personal anecdotes make the book enjoyable, and his actionable steps are useable no matter where a landlord is investing.  Long-Distance Real Estate Investing is a great resource for anyone ready to break into an out-of-state rental market for the first time.

About Rentals America

Rentals America provides full-service property management for residential rental properties. Our team is completely dedicated to property management, and we’re here to help landlords navigate the rental market.