Hosted by Colin Murphy, the Torcana podcasts are for anybody who wants to learn more about building a rental property portfolio with strong cashflow and stable tenants. In plain English and with lots of real life examples, Colin & his guests talk about the lessons learned and mistakes made when buying, renovating, managing and selling millions of dollars worth of rental properties. They focus on the nuts and bolts of real estate investing and try to give actionable and practical tips with every episode. How do you analyse deals? What is the best way to invest out of state or overseas? How can you find good managers and contractors? What are the major mistakes to avoid when renovating and renting? Tune into our podcasts for your answers!
http://soundcloud.com/colingmurphy
Torcana Podcast 16: Is investing outside your home market a good idea?
There is a lot to be said for investing in your home market, but sometimes it just isn´t practical because prices are so high and/or rental returns are so low. But if you want to invest out of state properly, there are a number of steps you need to follow to avoid making some very expensive mistakes. Here are my 7 recommended tips to get started on building a rental portfolio far from where you list and work.