I had the pleasure of interviewing Stephen Petasky to get his thoughts on owning real estate in several different markets. While this isn't directly related to industrial real estate (the focus of my channel), Stephen offers a ton of great insight to investors of all types who are considering investing in other markets.

0:00 - Introduction

0:55 - Luxus Group background

4:50 - Becoming knowledgable in other markets

7:10 - Some of the challenges along the way

11:06 - Staying organized with so much data

12:53 - Process of exploring new markets

15:42 - What happens when you can't find a property

18:08 - Life cycle of an investment

20:57 - Managing out-of-town property investments

23:30 - Unexpected & hidden costs to watch for

26:00 - Luxus Group advisory services

The Luxus Group: https://luxusgroup.com/

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🙋 Chad Griffiths, MBA, SIOR NAI Commercial Real Estate Inc.

5 Questions About Out-Of-Market Investing With Stephen Petasky (CEO of the Luxus Group)