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Moving to atl- what are typical 1x1 rent prices?
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Any Property Management recs in Seattle area? :(
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Liked for not putting F in the chat
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Don't buy property in other people's states
Subject Expert
It works like this:
- find a property in another state (via online apps, a realtor, or whatever other means you might have)
- submit a bit, go thru due diligence, and close on the property
- find tenants for your property (either through a property manager, or by collaborating with a boots on the ground person)
- …. Start collecting rent!
I live in California and own a few properties in Arizona. I manage everything myself. I have what’s effectively a personal assistant who helps me with in person activities when needed. I visit my properties once or twice a year. It’s not too hard.
Subject Expert
Wanted something drivable so we could enjoy it too. Compared several markets and AZ had better cashflow.
Coach
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HCOL is HCOL for a reason.
You likely won’t make much income through real estate in LCOLs due to vacancies and loss of value year over year