Investing out of state can feel intimidating for first-time investors, but our guests today are here to share why it can be the next best move for your financial independence journey! In this episode, Craig and Ali are interviewing Melissa and Matthew Roybal, a real estate power couple who are passionate about demystifying real estate investing and market trends for interested professionals.
Join us as we talk about how to optimize and finance out-of-state investments that are optimized for your portfolio. When it comes to choosing potential locations to invest in, Melissa and Matthew are keen to share their insights gained from their own highs and lows in real estate investing. Learn about how they maneuvered through financing strategies, dealt with less-than-ideal tenants, and why anyone serious about financial independence should be ABB…always be buying!
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Watch the episode here
Listen to the podcast here
Podcast Highlights:
[4:15] Matthew and Melissa’s Turning Point With Financial Independence
[9:20] The First Deal In 2014
[12:10] Investing Right Before The Pandemic
[14:40] Why Investing In Milwaukee Was Worth It
[16:10] Must-Hear Advice For First-Time Investors
[19:00] The Secret To Identifying Locations With Potential
[22:30] Diving Into The Financing Details
[25:20] The Key To Dealing With Out-of-State Evictions
[31:40] On Hard Money Loans And Other Financing Tips
[40:10] Why Cutting Corners Isn’t Worth It
[41:50] Why Mid-Term Rentals Is The Next Big Move
[43:50] The Best Advice For Aspiring Investors
[48:00] Honing Into Melissa and Matthew’s Why
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