Actually, there was one person here that bought multiple properties in Texas that could actually help give you a fair assessment of what’s it like to tackle it. He use to visit here in the past. But since youre a dick about it… you certainly don’t need to get a hold of him because you already made up your mind.
The one thing I like about my one out of state rental, that I have had for 15 years, is that I don’t do any of the repair work myself. Doing a facetime with the tenant or contractor shows me pretty much all I need to see to stay on top of issues.
Vs my San Diego rental, that I find myself being too hands-on to save a buck.
With that said, I wouldn’t advise owning out of state unless you vacation there or are getting a crazy deal.
Is the thing with the vacation to get a double hit on the same travel?
Or is it more about knowing the neighborhood?
[quote=La Jolla Renter]The one thing I like about my one out of state rental, that I have had for 15 years, is that I don’t do any of the repair work myself. Doing a facetime with the tenant or contractor shows me pretty much all I need to see to stay on top of issues.
Vs my San Diego rental, that I find myself being too hands-on to save a buck.
With that said, I wouldn’t advise owning out of state unless you vacation there or are getting a crazy deal.[/quote]
I just figured out an intractable AC problem
The AC is in the ceiling in a condo, not attic so you can’t really see. The drain was partly clogged which caused the condensate to rise in the drip tray. The float would stop tthe AC every so often. That happens only when the AC runs a long time. Unclogging the drain line was kinda gross.
Ah, the joys of ownership. In the long run RE investing is worth it but a pain sometimes.
Nevada has lower real estate taxes, less humidify and less maintenance issues than Texas
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