Quote:
Originally Posted by Run Silent
I own several properties overseas that are managed by a mgmt company. This has worked well for me because I rent them out as vacation rentals, not primary residences.
In addition - none of them have any debt or mortgages. That is also a key, I believe. Having a loan on an investment property out of area is just asking for trouble.
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Have you ever actually seen them in person? How'd you pick them out / pick out the management company / etc? What was your initial investment cost?