Do you get inquiries from investors out of state?

Sometimes, but there is a huge uptick in scams these days so I verify identity and property ownership if someone is looking to sell to protect myself against scams. What is your particular concern Gigi? Warmly Stacy Corrigan Real Estate Broker RI, Southeastern MA, Northeastern CT

Yes, I do. I am working with several out of state investors here in Texas. Typically, my investor clients come from referrals, and calls on my listings.

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Yes, out-of-state investor inquiries are common and growing. Florida in particular draws heavy interest from investors across the country because of the population growth, no state income tax, strong rental demand, and relatively affordable entry points compared to markets like California or the Northeast. Most out-of-state investors are looking for cash-flowing rental properties, whether that's long-term single-family rentals, short-term vacation rentals, or small multifamily. The smart ones treat it like a business. They run the numbers first, find a local agent who knows the market, and build a team on the ground that includes a property manager, a reliable contractor, and a good lender who does investor loans. The ones who get into trouble are the ones buying off Zillow screenshots and YouTube hype without understanding the local market. Every market has neighborhoods that look great on paper but don't perform in reality, and there are areas that look average online but cash flow all day. That's where a local agent earns their fee, helping you avoid the money pits and find the deals that actually work. If you're an out-of-state investor looking at a market, the most important thing you can do is build your local team before you start making offers. You need boots on the ground who can see the property, know the neighborhood, understand the rental comps, and manage the asset after you close. Trying to do it all remotely without local support is how investors lose money. Barrett Henry Broker Associate | REALTOR® RE/MAX Collective · The NOW Team Tampa Bay, Florida nowtb.com

Hi Gigi, if you receive an inquiry from an out-of-state investor to purchase your duplex, the goal is to quickly verify the investor, understand their investment criteria, before showing them your property. To handle inquiries from an out-of-state investor, first verify the investor’s identity and financial capability, then clarify their investment criteria. Step 1: Qualify the Investor Start with a short discovery conversation to confirm their seriousness and investment goals. Important questions to include and to answer: Are they buying cash or financing? What price range are they targeting? Are they looking for long-term rentals, short-term rentals, or flips? Have they purchased investment property before? Serious investors can usually answer these questions quickly. Step 2: Request Proof of Funds or Pre-Approval Before spending time on a potential scammer, request documentation such as: Proof of funds for cash buyers Mortgage pre-approval for financed purchases This step confirms the investor can actually complete a transaction. Step 3: Clarify Investment Criteria Out-of-state investors often have very specific goals. Clarify details like: Property type (single-family, multifamily, condo); target their proposed return or cash flow and their renovation tolerance. This helps wasting time with them if your property does not match their strategy. Common Red Flags to Watch For/Identify Scammers: Be cautious if an investor: Refuses to provide proof of funds. Sends vague or generic requests and won't communicate in-person on phone calls. Avoids answering basic questions about their goals. Pushes for unusual payment structures. Serious investors are usually transparent and organized. Hope this helps you!

Hey Gigi, My name is Andrew Baker, REALTOR®. I'm in Northeast GA and I would say I regularly get investor interest in my listings, as well as, my own personal home, from out of state investors. Mostly South Carolina, but sometimes Texas and California, most notably.

Yes I speak with out of state investors fairly regularly. Are you looking to invest in Maine?