Should You Buy an Out-of-State Rental in Cash?

Want to finally buy a rental property in 2026? You’ve listened to the podcast. You’ve read the books. But what’s the best way to actually start? Today, we’re pulling back the curtain and sharing a beginner-friendly strategy that gives you a bit of everything—cash flow, appreciation, loan paydown, AND tax benefits!

Welcome to another Rookie Reply! We’re back with more questions from the BiggerPockets Forums. First, we’ll hear from someone who knows plenty about real estate investing but needs a clearer roadmap for getting started and scaling their real estate portfolio. Ashley and Tony share a rookie-friendly investing strategy that will help them not only buy their first deal but also get a head start on building serious wealth!

Another rookie has saved a large amount of money and is considering buying their first property in cash. But should they? We weigh the pros and cons of paying cash versus getting a mortgage. Then, we discuss the opportunities and risks of investing in D-class neighborhoods, as well as a few things all rookies should know before evicting tenants.

Looking to invest? Need answers? Ask your question here!

In This Episode We Cover

The beginner-friendly strategy that gives you cash flow, appreciation, and more

Paying in cash for an investment property versus getting a mortgage

Finding affordable areas to invest when you’re priced out of your own market

The biggest opportunities and risks of investing in “rough” neighborhoods

What every rookie should know before evicting troublesome tenants

And So Much More!

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