This is an interesting concept … purchasing investment property via an online service. It’s the first we’ve heard of it. One of our co-workers has experience investing via an online service. He purchased rental properties in Birmingham, Alabama and Atlanta, Georgia. Many of the properties already have tenants. A couple of times per year, my co-worker and his wife take a trip to visit/inspect their rentals and meet with the property managers.
We’re curious to know what others think of remotely purchasing and managing investment properties via an online service. For more details, click here. For the beginner real estate investor, it is very important to minimize risk! Investing outside of your local region increases risk. Therefore, do your research and proceed carefully! How to start? Click here.
The opinions expressed herein are solely those of the Author/WebMaster. Before taking any action, please consult your real estate, financial, and legal advisors.