Long distance real estate investing is gaining momentum as more investors look for ways to grow outside their hometown markets. We reviewed housing research, investor stories, and insights from the DealMachine team to build a helpful guide you can use right away.
Many ideas here come from our conversations on the DealMachine REI Podcast, where investors share what helps them buy and manage properties from thousands of miles away.
This article breaks down the essentials of long distance real estate investing and shows how simple systems, local relationships, and tools like DealMachine make this strategy easier to manage.
Long distance wholesale real estate investing means buying and operating property in a city or state where you do not currently live. Investors do this when their local market is too competitive, too expensive, or does not match their long-term strategy.
Buying in other locations gives you access to markets with better cash flow, stronger rental demand, or long-term appreciation potential. It also spreads your risk so you are not tied to the performance of one local area.
Many markets have rental demand that outperforms the cost of ownership. When you invest in these cities, your cash flow can improve and your portfolio becomes more predictable.
When everything you own sits in one city, you are exposed to that city’s job market and economy. Spreading investments across different markets helps stabilize long-term performance.
Looking outside your own city increases the number of properties you can evaluate. Investors often use DealMachine to find off-market properties in new markets so they can reach owners before others do.
Studies show that areas with rising populations and expanding job sectors tend to have stronger long-term rental demand. Exploring out-of-state markets helps you take advantage of these trends.
If your investment city is in another time zone, you will need clear systems for communication. This is especially important for coordinating contractors, property managers, and tenant issues.
Because you cannot be on-site, your team becomes your eyes and ears. Finding honest, experienced local professionals takes time and careful vetting.
Every market has different laws, taxes, rent expectations, neighborhood dynamics, and population trends. Spending time on research early helps you avoid surprises later.
Understanding these challenges up front helps you build a smoother and safer investing process.
Begin by learning the basics of the city you are considering. Focus on population trends, rental demand, major employers, average income, and housing supply. Many of these insights come from government housing reports, city planning sites, or regional economic studies.
Different neighborhoods can produce very different returns. Look for areas with:
DealMachine helps investors evaluate neighborhoods by giving quick access to property details, owner information, and lead tracking tools.
Keep a simple checklist when comparing properties. Most investors review:
A consistent scoring system makes it easier to compare multiple markets and deals at the same time.
Your local team is one of the most important parts of your success when investing from afar. These partners protect your investment and keep the property operating even when you cannot be there in person.
Many investors find team members by asking for referrals, joining real estate groups, or connecting with local investor communities online.
Technology makes long distance investing easier than ever. Remote investors use a mix of tools to evaluate deals, sign contracts, and manage rentals.
Common digital tools include:
DealMachine supports long distance investors by helping them track off-market leads, store owner information, send mail campaigns, and monitor deals from anywhere.
Studies show that digital communication improves clarity between owners and tenants because everything is documented and easy to access. This reduces delays and miscommunication.
Due diligence protects your time and money. It helps you confirm that the property matches your expectations and that the numbers still make sense.
A thorough due diligence process includes:
Many investors also screen sellers and tenants to avoid unnecessary risk. A careful review helps long distance investors feel more confident in each purchase.
Local partnerships can give you a major advantage. Investors who build strong relationships gain access to early deals, local insights, and honest feedback about properties.
Ways to build partnerships:
Good partnerships help you make better decisions even when you are far away.
Long distance investing continues to grow as technology improves and investors look for better opportunities across the country. With reliable data, stronger communication tools, and platforms like DealMachine that help investors track off-market opportunities, remote investing is becoming a standard strategy for people building long-term portfolios.
It means buying and managing property in a city or state where you do not live, using research, local teams, and digital tools to stay informed.
Yes, as long as you follow a clear plan, choose markets carefully, and build a reliable local team.
Look for job growth, rental demand, stable neighborhoods, and clear long-term population trends.
Most long distance investors rely on property managers because they save time and handle the day-to-day communication with tenants.