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BiggerPockets Real Estate Podcast

2025 Long-Distance Investing Blueprint (Listen Before Buying)

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 9 July 2025

⏱️ 40 minutes

🧾️ Download transcript

Summary

Can’t make the numbers work in your local market? No worries—long-distance real estate investing is the natural next step. We’ve done it before, many times, and made the beginner mistakes, so you don’t have to. Now, we’re gearing up to do it again. Dave and Henry are heading out on the “Cash Flow Road Show,” touring top Midwest markets, and maybe even making offers along the way. These trips are crucial for finding deals and getting to know an area. We’re sharing the exact blueprint to follow before you make a long-distance investment. Who should you meet? How do you know a neighborhood is safe? What are the exact questions you should ask an agent? We’re providing you with the complete list so your next long-distance or out-of-state investment is a success. Seriously, we’re giving you an actual list of things expert investors do before buying in any area. Don’t just show up and start touring houses—make your trip out to a new market worth the effort. Follow these exact steps before long-distance investing!  In This Episode We Cover The two real estate professionals you must talk to when looking at new markets (it’s not just the agent)  The exact questions experts ask real estate agents about their market  Why you should look for smaller markets surrounding big cities (better prices and cash flow?) Not sure if a neighborhood is safe? Try this one thing every time The best time to take a trip out to a potential investing market  And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.biggerpockets.com/blog/real-estate-1145 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

We tell you every week on this show that cash flow is possible in 2025.

0:05.3

And now we're going to prove it.

0:07.5

I'm here with Henry Washington, and we're going to give you our blueprint for long-distance

0:12.1

investing in affordable cash-flowing markets so you can copy exactly what the experts do

0:18.3

before buying away from home.

0:20.3

So if you're even considering buying outside of your area, this is what to do before you bid.

0:30.7

Hey, everyone, it's Dave.

0:32.2

I'm the head of real estate investing at Bigger Pockets, and I'm joined today by my friend Henry

0:37.1

Washington. Henry,

0:38.3

thanks for being here. Hey, what's up, bud? Glad to be here. I think it's safe to say,

0:42.4

like you are not officially a long distance investor yet, right? Yet. I mean, kind of sort of, but not

0:49.4

really. I have a mobile home park that I would truly call out of state. I have some properties

0:53.4

in other states, but those I don't consider true out of state investments because I can be there in

0:57.7

45 minutes to an hour. You haven't done it yet, but we've been talking about it a lot. So I know

1:02.3

you're interested in it, right? Yeah. You're interested in it enough to the point where everyone

1:07.9

should know this. Henry and I are actually going and driving around the

1:12.0

Midwest, looking for cash flowing deals, cash flowing markets on the first ever cash flow roadshow.

1:18.9

I'm super excited about it. Henry, what are you looking forward to?

1:22.4

Well, first of all, I'm a deal junkie. I just like looking at deals, whether they're mine or

1:25.9

somebody else's, it doesn't matter, and learning about real estate in general. But it's different when you're analyzing deals online

1:32.1

than when you're actually in a market and touching and feeling the market and seeing the people

1:37.2

who live there and seeing where they work and just kind of how people operate within that market

...

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