Realty Today | Apr 17, 2024 

Investing in rental properties outside of your local area can be lucrative and enable investors to take advantage of strong housing markets in other parts of the country. However, being a landlord from a distance comes with its own set of unique obstacles to navigate. Overcoming the challenges of out-of-state real estate investing requires careful planning, the right local team, and effective systems to manage your properties remotely. When done correctly, remote real estate frees investors to dream big.

Realty Times | Mar 14, 2024 

Out-of-state rental properties can provide passive income when managed properly, but effective remote oversight requires thoughtful planning. Self-managing owners face numerous pitfalls and lack professional support. By contrast, done-for-you companies like REI Nation apply proven systems to maximize returns while minimizing owner burdens across large portfolios.

This article navigates the complex territory of investing in out-of-state rental properties, contrasting the hands-on approach of self-managing owners with the streamlined, worry-free model offered by professional management companies like REI Nation. We'll explore the inherent challenges of DIY property management and how specialized firms can significantly reduce the burden on investors, ensuring a smoother, more profitable experience.

New York Weekly | Feb 15, 2024 | Chiara Accardi

Texas is a good destination for out-of-state real estate investors, with major metro areas like Dallas and Houston offering affordable properties with strong rental demand. For turnkey properties in particular – rental homes that are purchased move-in ready with tenants and professional property management in place – both Dallas and Houston present lucrative opportunities.

But investors may be wondering – which Texas market is better for turnkey real estate? REI Nation compares the pros and cons of Dallas and Houston’s rental markets, demographics, economy.

Microsoft Start | Jan 30, 2024 | Mia Rodriguez

When looking to build wealth through real estate, investors have two main options - turnkey or conventional investing. Both come with pros and cons, so it's important to weigh your goals, timeline, budget and risk tolerance. 

"We started out buying run-down properties, fixing them up, and renting them out ourselves," said REI Nation founder and CEO Kent Clothier Sr. "It was rewarding but extremely time- and labor-intensive. We knew there had to be an easier way for investors to benefit from residential real estate without all the hassles."

The answer was turnkey - a hands-off approach that allows investors to own rental properties without handling any of the legwork involved. A turnkey company like REI Nation purchases, renovates and rents the property, then transfers ownership to the investor under a triple-net lease agreement.

So, what are the key differences between turnkey and conventional real estate investing? And how do you decide which strategy is better for your goals?

Real Estate Today | Jan 24, 2024 | Aize Perez

Investing in rental properties remains one of the most reliable ways to build long-term wealth. And with today’s interest rate environment, investors can still capitalize on real estate. However, obtaining financing poses unique hurdles when purchasing out-of-state investment properties.

“Out-of-state investment properties can be more challenging to finance because lenders have to manage risk without local market familiarity,” said REI Nation CEO Kent Clothier Sr, an industry veteran in rental real estate finance. “Working with specialized lenders is key. They understand factors like cross-state landlord-tenant laws, long-distance property oversight, market analytics and appropriate loan products. Guiding investors to the right financing partners ensures smooth transactions plus portfolios tailored to their current assets and future investment goals.”

While securing financing for a primary home follows pretty standard protocols, investment loans differ greatly. And if you live in a different state than your rental property, several additional considerations come into play around loans, terms, qualification criteria and more.

WSJ | January 7, 2020 | Peter Grant

Real estate startups exploit new technologies and data on house rentals developed after the housing bust:

Buying a home as an investment property has long been too complex or daunting a
process for all but the wealthy. Thanks to a group of real estate startups, that may be
changing.

The companies enable individuals to assemble a portfolio of rental homes throughout
the country relatively hassle-free. Without ever visiting the properties, investors can buy
and manage homes with a few clicks of a mouse or taps on the phone.

Forbes | Sep 8, 2020 | Jason Hsiao

One of the most common questions I get is how to invest in real estate when not enough down payment is saved up to purchase a property, especially in expensive states such as California or New York. Sure, with programs like FHA you can put as little as 3.5% down, but in competitive markets, your offer will likely go straight to the recycling bin. Here are eight ways to get exposure and diversify into real estate, even without having six figures saved up.

Inman | March 16, 2020 | Lillian Dickerson

Going remote isn't just a new trend in the standard workforce — it's also on the rise among real estate investors:

As new kinds of technologies have allowed greater connectivity, individuals can work from home more than ever before.

It’s not only the average office worker who’s working from home, though — over the past few years, remote buyers of real estate owned (REO) properties have gradually increased, and more remote-focused investment companies and increased technology are empowering individual investors to buy out-of-state.

REI Nation, a family-run investment property portfolio management company traditionally focused on passive investors, started assisting remote investors once the internet became more pervasive.

HousingWire | March 4, 2020 | Auction.com

Access to Nationwide Inventory, Investing Services Helps Investors Buy Beyond Their Backyard: After a successful Denver-area home flip in 2016, newly minted real estate investors Scott Stuber and Tyrone Velasquez realized they could get more bang for their buck investing elsewhere.

“We were looking for a more affordable market. Denver has gotten so expensive. You’ll find a house at the top of the market that needs to be fully rehabbed — there’s no potential profit there,” said Stuber, who now invests full-time, running Nuremberg Properties with Velasquez, his husband. “So we decided to look for more affordable markets that were being overlooked.”

Stuber and Velasquez are not alone in their quest to find overlooked markets that are more affordable and profitable for their real estate investing strategy.

Expensive home prices, high property taxes and anti-investor legislation are prompting a growing number of real estate investors to invest remotely outside where they live.

NuWire | April 8, 2019 | Lane Genik

Purchasing a commercial property is a big decision. It is a large purchase and needs to be managed well for the investment to be worth it for you.  How a commercial property is managed can affect the value of the investment. A property can increase in value significantly just from being well managed, and of course the opposite is true as well.