))
6 Questions That Make or Break Your Out-of-State Rental Success
Manage episode 479763776 series 3597941
Content provided by Melissa Nash Real Estate Investor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Melissa Nash Real Estate Investor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
In this episode, Melissa sits down with real estate investing expert Michael, who brings over 20 years of experience helping investors build passive income and generational wealth through rental properties. Michael shares how he transitioned from stock market investing to out-of-state real estate investing — and why real estate offers superior scalability, cash flow, and long-term security.
They dive deep into the must-know strategies for out-of-state rental success, including how to evaluate neighborhoods, choose the right property management team, and avoid the most common mistakes that sink new investors. You'll learn the importance of mastering the 3 Pillars of Real Estate Success: Property, Process, and People, plus actionable tips for building strong investor-property manager relationships.
If you're looking to scale your real estate portfolio beyond your local market and create true financial freedom, this episode is packed with practical advice you can use immediately.
00:00 Introduction and Guest Welcome
01:49 Michael's Journey into Real Estate
04:07 The Importance of Mentorship and Learning from Failure
05:42 Out-of-State Investing: Strategies and Insights
08:19 Michael's Background and Real Estate Success
14:32 Key Questions for Out-of-State Investors
28:58 Building Trust and Relationships with Property Managers
30:19 Handling Property Maintenance and Expenses
32:01 Effective Communication with Property Managers
39:38 Identifying and Avoiding Lazy Property Managers
47:12 Protecting Yourself from Bad Property Management
53:33 Conclusion and Final Thoughts
Want to start investing but don’t know where to begin?
👉 Grab my most popular (and totally free!) resources:
1. “How to Start Investing in Rentals—Without Becoming a Landlord” A 7-day email course for busy people who want passive income, not another job. ---> CLICK HERE
2. "Your First Rental Roadmap" Get the free roadmap and learn exactly how I bought my first rental property from 2,000 miles away—without flipping, rehabs, or managing anything myself. --> CLICK HERE
3. ❤️ Like what you hear?
✅ Subscribe
✅ Leave a review: https://ratethispodcast.com/passive
✅ Share this with a friend who needs a dose of real talk, strategy, and inspiration
4. And—let’s connect on:
Instagram
YouTube,
Facebook
for even more real estate tips and stories!
22 episodes
Share
