✅ Check out our out-of-state real estate investing course Remote Rental Riches - courses.digitalnomadquest.com/p/remote-rental-riches which teaches you step-by-step how to acquire your first rental property!
This was hands down the best video on the topic of investing out of state. I'm a realtor but I am also an investor and I really want to see more folks enjoying real estate investment but there are so many gimmicks and BS being pedaled that any one newer to the industry is either going to be scared away or get scammed away. SMH. Thanks Sharon for thoughtful and informative videos. And I'm in Louisiana and Mississippi but I have realtors in my network all over, include other countries. So if anyone is looking for local guides on their investment journey, let me know!
Great video Sharon, I love how you were straight to the point with awesome explanations and websites for everything unlike lots of other TH-camrs and you weren’t trying to sell anything or beg for likes! Keep up the amazing content, very informative!
Hi Sharon, I got here by "accident" since I was looking for more practical information about remote real estate investing, and YES I found what I was looking for. Again, thank you for the simplicity and the direct way of communication. Great video and right to the point. It was more than appreciated since, in my opinion, you are part of the people in my motto: "Let's focus on Less Drama and More results". You are talking seems simple but very communicative. In summary, very informative!
As a realtor, I decided to view some of the videos on this topic and I agree. Several of the others are more interested in selling their courses or big gimmicky headlines or they straight up feel like gossip tabloids in their visuals and headline choices. This is a great video and truly focuses on the topic.
Airbnb is awesome. I worked for a management company & long term rental would net $8k month while short term Airbnb rental would net $20k/month for the same house! I was mind blown.
Hi Sharon!!! Just found you in TikTok and I’m stating my self educated journey for long term real estate investing. I know nothing in this field and you are the first person I will be taking notes 📝 down in my first real estate planner. Thank you for putting this content out to the world.
This was very enlightening. I am thinking of getting income properties and had no clue on where to start or what to look for in out of state properties. Thank you!
When investing out of state, would you recommend talking with property managers before a real estate agent? That way you can get an idea of vacancy or how fast a property will get a renter?
Great video, thank you for sharing these insights. I've heard being a landlord can be a lot of work but it seems like you have a good system to make this a passive income source with property management and out-of-state investments that cashflow. Are there any gotchas you've encountered so far? Ever have to physically go to the property to deal with something, etc?
Thanks! Yea if you have a property management company in place it should be all good. I haven't had to go to any of my properties to deal with anything (and I have one I've owned for over 8 years). In general though I would anticipate bigger surprises/repairs in the first year of owning a property and it waning after that. And with your property management company you'll just need to approve of repairs etc. - you won't need to go visit it usually
I found you through AHN, this is amazing content! Newbie question though, I read somewhere before that the rent to price ratio is nearly the same in every state, the only difference is the price itself hence down payment. Meaning whether it is an $800k property or $200k property, the rent would be relative to the price point. If let's say a location in CA vs a location in Texas are equal in all the aspects you mentioned above would the profit be the same? Thoughts?
Thanks for watching! Actually that's not really the case, e.g. Bay Area homes are usually at least 1M, but they rent for maybe $3500 - which is .35%, whereas in places like Texas you may be able to find something at 1-2% instead (e.g. $175k purchase, $2100-2200 rents like my current property). So one of the things people advocate is looking for properties that meet the 1% rule. Let me know if that answers your question or if I read it wrong lol
Hi Sharon, I am a new subscriber to your channel and really loving it! Could you please help me to provide a list of cities where i can find property below 300k USD that will have long term appreciation? I will even consider condo and townhouses if they are worth to buy for those particular city/cities. I am from Canada and I invested here in Canada in one rental property. But property prices are too expensive in Canada. I am also interested in Investing US real estate market. Thank you!
How do you find the number of vacant units in a condo building? I've bought my first rental and not sure where I can get this info. Great video, btw! You've got a new subscriber.
Have you found any good places to invest in real estate internationally, especially Asia? I personally think the US has some of the best rental income to housing price ratios in the world. But I heard that houses in Mexico mostly get traded off-market.
✅ Check out our out-of-state real estate investing course Remote Rental Riches - courses.digitalnomadquest.com/p/remote-rental-riches which teaches you step-by-step how to acquire your first rental property!
This was hands down the best video on the topic of investing out of state. I'm a realtor but I am also an investor and I really want to see more folks enjoying real estate investment but there are so many gimmicks and BS being pedaled that any one newer to the industry is either going to be scared away or get scammed away. SMH.
Thanks Sharon for thoughtful and informative videos. And I'm in Louisiana and Mississippi but I have realtors in my network all over, include other countries. So if anyone is looking for local guides on their investment journey, let me know!
I really appreciate that you’re so thorough and actually focus on risk management. I feel that most content that’s similar lacks this.
Wow, thank you for the great advice! You actually make out of state investing seem possible!!
That makes me happy! No problem! :)
Thank you! This is super helpful 🤗
Great video Sharon, I love how you were straight to the point with awesome explanations and websites for everything unlike lots of other TH-camrs and you weren’t trying to sell anything or beg for likes! Keep up the amazing content, very informative!
Thanks so much! That made my day!
I usually don't comment but this was GREAT content
I liked this video because you said Antioch. I currently live and own a home there.
Hi Sharon, I got here by "accident" since I was looking for more practical information about remote real estate investing, and YES I found what I was looking for. Again, thank you for the simplicity and the direct way of communication. Great video and right to the point. It was more than appreciated since, in my opinion, you are part of the people in my motto: "Let's focus on Less Drama and More results". You are talking seems simple but very communicative. In summary, very informative!
As a realtor, I decided to view some of the videos on this topic and I agree. Several of the others are more interested in selling their courses or big gimmicky headlines or they straight up feel like gossip tabloids in their visuals and headline choices. This is a great video and truly focuses on the topic.
Thank you for not misleading us you went straight to the point with detail !!! Cudos to you .. keep up the great work
Glad you liked it :)
Thanks for sharing that website Sharon! This is gonna save me a lot of time!
Airbnb is awesome. I worked for a management company & long term rental would net $8k month while short term Airbnb rental would net $20k/month for the same house! I was mind blown.
Love your informative a calm demeanor! It's soothing :3
Hi Sharon!!! Just found you in TikTok and I’m stating my self educated journey for long term real estate investing. I know nothing in this field and you are the first person I will be taking notes 📝 down in my first real estate planner. Thank you for putting this content out to the world.
Aww thank you I'm glad you're liking the content! I hope it's helping :)
Fantastic advice! Very logical.
Thank you! Glad you liked it :)
Hi Sharon. Do you have any videos on financing out of state propeties? I was looking through your videos but couldnt find one?
Do you have a Playlist or some sort in terms of this particular sector of real estate?
This is a super helpful video, thanks Sharon! Would love to see an airbnb video in the future too
Underrated TH-camr. Subscribed !
This video was extremely helpful! Do you have any tips on investing in Airbnb rentals? :)
oh hey, congrats on 10k!
Thanks so much!!
This was very enlightening. I am thinking of getting income properties and had no clue on where to start or what to look for in out of state properties. Thank you!
When is that out of state course coming ?
We are still polishing it up! Hoping to get it out in the next couple of months 👀😱
When investing out of state, would you recommend talking with property managers before a real estate agent? That way you can get an idea of vacancy or how fast a property will get a renter?
What part of Texas do you recommend investing in?
Great video, thank you for sharing these insights. I've heard being a landlord can be a lot of work but it seems like you have a good system to make this a passive income source with property management and out-of-state investments that cashflow. Are there any gotchas you've encountered so far? Ever have to physically go to the property to deal with something, etc?
Thanks! Yea if you have a property management company in place it should be all good. I haven't had to go to any of my properties to deal with anything (and I have one I've owned for over 8 years). In general though I would anticipate bigger surprises/repairs in the first year of owning a property and it waning after that. And with your property management company you'll just need to approve of repairs etc. - you won't need to go visit it usually
Great video 👍🏾
On the natural disaster thing just get full coverage insurance.
What the website to check for natural disaster and future developments?
Do you use roofstock?
I found you through AHN, this is amazing content! Newbie question though, I read somewhere before that the rent to price ratio is nearly the same in every state, the only difference is the price itself hence down payment. Meaning whether it is an $800k property or $200k property, the rent would be relative to the price point. If let's say a location in CA vs a location in Texas are equal in all the aspects you mentioned above would the profit be the same? Thoughts?
Thanks for watching! Actually that's not really the case, e.g. Bay Area homes are usually at least 1M, but they rent for maybe $3500 - which is .35%, whereas in places like Texas you may be able to find something at 1-2% instead (e.g. $175k purchase, $2100-2200 rents like my current property). So one of the things people advocate is looking for properties that meet the 1% rule. Let me know if that answers your question or if I read it wrong lol
great thank you for share
No problem!
Hi Sharon, I am a new subscriber to your channel and really loving it!
Could you please help me to provide a list of cities where i can find property below 300k USD that will have long term appreciation? I will even consider condo and townhouses if they are worth to buy for those particular city/cities.
I am from Canada and I invested here in Canada in one rental property. But property prices are too expensive in Canada.
I am also interested in Investing US real estate market.
Thank you!
LD REI is the only way to invest when living by NY or CA
How do you find the number of vacant units in a condo building? I've bought my first rental and not sure where I can get this info.
Great video, btw! You've got a new subscriber.
I can see you're following Neal Bawa's FOCUS metrics.
Have you found any good places to invest in real estate internationally, especially Asia? I personally think the US has some of the best rental income to housing price ratios in the world. But I heard that houses in Mexico mostly get traded off-market.