Out-of-state real estate investing is making a comeback, becoming one of the best investing strategies of 2025. Why? Home prices in most coastal markets have exploded, forcing investors in pricey areas to look elsewhere for real estate deals that work. Thankfully, America is a big country with plenty of profitable real estate markets, so even if you’re priced out of your own area, you can still invest elsewhere.
So, how do you start? What should you do going into a new market as a new investor? Kathy Fettke is returning to the show as our resident long-distance real estate expert, showing you how to buy out-of-state investment properties in just a few simple steps. Anyone (and we mean ANYONE) can follow these steps to purchase a profitable property from a distance, even if it’s your first rental.
We’re giving you an exact roadmap of everything you need to know: how to choose markets, find deals, analyze them, get property management, and start renting them out even if you live thousands of miles away.
Dave:
You could still invest in real estate even if it’s too expensive where you live buying properties hours away and managing them long distance may sound intimidating, but this is a tried and true strategy that investors have successfully used to build wealth for decades. Today we’re going to explain how to pick a long distance market, the steps you need to take towards actually going and pulling off an investment and some very common mistakes that you can take some care to avoid. Hey everyone, it’s Dave here from BiggerPockets. We’ve said it for a long time that investing where you live is probably the best way to invest for most people. If you live in an affordable market, that’s still true, but with prices rising in so many markets out-of-state, investing at least I believe is becoming a somewhat necessary and good opportunity for the majority of people out there.
And I don’t see this nearly as a challenge. Like I said, I think that there are a…