Can’t make the numbers work in your local market? No worries—long-distance real estate investing is the natural next step. We’ve done it before, many times, and made the beginner mistakes, so you don’t have to. Now, we’re gearing up to do it again. Dave and Henry are heading out on the “Cash Flow Road Show,” touring top Midwest markets, and maybe even making offers along the way.
These trips are crucial for finding deals and getting to know an area. We’re sharing the exact blueprint to follow before you make a long-distance investment. Who should you meet? How do you know a neighborhood is safe? What are the exact questions you should ask an agent?
We’re providing you with the complete list so your next long-distance or out-of-state investment is a success. Seriously, we’re giving you an actual list of things expert investors do before buying in any area. Don’t just show up and start touring houses—make your trip out to a new market worth the effort. Follow these exact steps before long-distance investing!
Dave Meyer:
We tell you every week on this show that cashflow is possible in 2025, and now we’re going to prove it. I’m here with Henry Washington and we’re going to give you our blueprint for long distance investing in affordable cashflowing markets so you can copy exactly what the experts do before buying away from home. So if you’re even considering buying outside of your area, this is what to do before you bid. Hey everyone, it’s Dave. I’m the head of real estate investing at BiggerPockets, and I’m joined today by my friend Henry Washington. Henry, thanks for being here.
Henry Washington:
Hey, what’s up bud? Glad to be here.
Dave Meyer:
I think it’s safe to say you are not officially a long distance investor yet, right?
Henry Washington:
Yet. I mean, kind of. Sort of, but not really. I have a mobile home park that I would truly call out of state. I have some properties in other states, but those I don’t consider true…