BiggerPockets Daily
6 Ways to Invest Out-of-State
Mar 23, 2025
Discover six savvy strategies for out-of-state real estate investing, from land flipping to turnkey rentals. Learn how to navigate the world of vacation properties while avoiding emotional traps. The discussion emphasizes the importance of analyzing financial metrics objectively. Explore passive investment options like syndications, revealing how savvy investors capitalize on cash flow and tax benefits while diversifying their portfolios for maximum returns.
12:41
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Quick takeaways
- Flipping land offers a profitable out-of-state investment strategy that relies on marketing skills and thorough due diligence without needing physical presence.
- Turnkey rental properties provide a hassle-free investment option for out-of-state investors, but require careful vetting of sellers to avoid renovation pitfalls.
Deep dives
Land Flipping as a Business Strategy
Flipping land is presented as a viable investment strategy that does not necessitate physical presence at the site. It involves essential skills such as outbound marketing to discover undervalued properties, proper valuation, and effective marketing to potential buyers. The process typically starts with making low offers to owners of land they’ve held for several years, followed by performing due diligence to assess zoning, access, and market value. Successful investors can achieve substantial profits by negotiating deals carefully and marketing the properties effectively, often realizing returns of over 100% on the investment.
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