How to Overcome the Fear of Out-of-State Real Estate Investing | PREI 137
Passive Real Estate Investing
Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.
4.6 • 968 Ratings
🗓️ 19 March 2019
⏱️ 27 minutes
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| 0:00.0 | Welcome to passive real estate investing to show where busy people like you |
| 0:04.8 | learn how to build substantial passive income while creating wealth for the |
| 0:08.7 | long term and now here's your host Marco Santorelli. |
| 0:13.4 | Welcome to another episode of passive real estate investing. |
| 0:16.4 | I'm your host, Marco Santorelli. |
| 0:18.6 | I'm sitting here in a hotel room overlooking |
| 0:21.5 | the Atlantic Ocean in Fort Lauderdale, Florida and I'm here |
| 0:25.9 | because I'm going on a cruise tomorrow with Robert Kiasaki Peter Schiff, Ken |
| 0:31.4 | McElroy, Tom Wheelwright, and a whole slew of well known and successful people |
| 0:36.0 | and we're all going to be learning from each other and feeding off each other. |
| 0:40.5 | And that has nothing to do with today's episode. |
| 0:43.0 | The reason I am recording this from the hotel room |
| 0:46.0 | is because I was talking to one of my investment counselors, |
| 0:49.0 | Oliver, who I have here with me today, |
| 0:52.0 | and we were talking about how some real estate investors have this fear |
| 0:58.4 | or reluctance to invest out of state or what some people call long-distance real estate investing. |
| 1:06.0 | And the fact is that hundreds, if not thousands of people are investing every week and probably |
| 1:12.3 | every day in markets that are not local to |
| 1:15.1 | them. They're long-distance real estate investors. So I wanted to talk about |
| 1:20.0 | why people do this but more importantly why there's a fear or reluctance and why |
| 1:26.1 | that's really crippling you in a way or holding you back from achieving far more |
| 1:30.6 | with your investment capital than you could otherwise. |
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