I have found that if I am only focused on investing in my own backyard then I am missing TONS of opportunities. Sure investing in my own backyard is easy and comfortable because of location but may not be the smartest option. Your backyard may be in a market with expensive inventory that has no chance of possible cash flow. Sure, the area is nice and the property is pretty but is this really a good decision? Expensive location, pretty house, negative cash flow. Oh, but the mindset may be that the market will come up and I will have appreciation. Ok, but when and if? Appreciation is speculatory so don’t bank on it and get stuck in having to pay to own the property. A negative cash flow scenario means you have a liability on your hands and have made an emotional decision. Have a mindset focused on the finincial data and get rid of the emotions. A good investor does not invest based on emotions, he or she invests based on the numbers. So maybe investing in your backyard isn’t the best idea. I would encourage you to look at other markets nationwide and find an investor who specializes in that market to help find you a profitable wholesale property.














