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Investing out of state

By: Mark Podolsky November 29, 2012

Question: Is it feasible to believe you can buy properties in other states and sell them owner financed without even seeing them. I watched a webinar from larry goins today and he made it seem pretty simple. I know you can buy cheap property in places like Michigan but what do you with it? If nobody is there who do you sell and rent to? Some people talk about buying houses for $5,000 and renting them for $750 a month. Do people in these depressed areas really have that kind of money? Larrys program talks about buying these kinds of properties all over the country and selling them owner financed and making good money. This cant be as simple and easy as he makes it sound can it?

Answer:   I’m not familiar with the Larry Goins program,  but I have been acquiring land out-of-state doing my due diligence using Google Earth, www.homeinfomax.com  and then use an inexpensive crowd sourcing site named www.wegolook.com  to take pictures and provide me a report. This saves me so much time and money performing due diligence and helps me sleep at night knowing the land has been investigated properly.

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Investing out of state

by Mark Podolsky time to read: 1 min
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