If you’ve found this blog post, it’s probably because you wanted to learn how to get started in long distance real estate investing. Luckily, I’m here to give you some tips for just that!

Before we get started, it’s important to be crystal clear as to why long distance real estate investing is right for you. As I’ve said before, I’ve been living in Barcelona for quite a while, and I love investing in U.S.-based real assets. It’s so great when you hear mentors like mine, Robert Helms of the Real Estate Guys, talk about where they live and where they want to invest. That’s music to my ears. And it’s probably something you enjoy learning about, too.

I live in Spain, and I’ve been clear about why residential real estate in Spain is not the right market for me. I’ve even written a couple blogs about it. Your situation may be quite different. For example, I’ve decided to invest on a different continent, but maybe you’re on one side of your country and you want to invest on the other side. Either way, it all starts with clarity as to why you want to invest beyond your backyard.

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Once you’re clear on why long distance real estate investing is right for you, then it comes down to the basics. This involves getting started and developing a skill in long distance investing. There’s a clear process you’ll want to follow. We’ve talked about this in the past, which is the 70/20/10 rule.

Firstly, 10% needs to be dedicated to your education, making sure you have the right foundation and the right understanding as to what it takes to become successful in long distance real estate investing. Next, 20% of your time is actually finding people who have done what you want to do. It’s also about looking at the entire supply chain of people you’ll need on your side, such as investors, project managers, coaches, mentors, and more. Once again, teams are absolutely foundational to the success of any long distance real estate investor. Lastly, 70% is about getting the job done. The more you do, the more experiences you gain, and the more competent you’ll be as an investor.

At the end of the day, it’s all about following that specific process. Luckily, we’re making it real easy for you to get that education because of the Going Long Podcast. You can listen to it on the go, whether you’re in your kitchen, on an airplane, or riding a train. The podcast is for higher earning corporate executives and employees looking to continue to do what they love on a daily basis, while also making sure to have more control over their financial life. This involves talking about where it makes the most sense to live and to invest. Even better, you’ll be able to listen to the best experts in the business as it relates to real asset investing and main street investing.

I’d love to hear from you, and I’d love to know what you think about the format. How quickly did you start taking action, have you listened to other podcasts on this topic, and are you surrounding yourself with the right people? Help me understand what areas you want to learn more about.

If it’s your first time here, I’m going to ask that you please subscribe to the blog, subscribe to our YouTube Channel, like our Facebook FanPage and follow us on our Instagram and Twitter channels. Make sure you listen to The Going Long Podcast where every week you’ll hear me interview the best experts in the real asset investing world.

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If you find value in this post, please like and share it with your friends. By sharing it, you’ll help bring in more like-minded people, which will help the community grow. We’ll be able to share and learn together. Thank you ahead of time for helping us do that.

If you’d like to learn more about how I work a corporate job and have been building my own real estate business on the side, you can simply click HERE for your free eBook. It’ll help you avoid making the same mistakes I did.

That’s my two cents for today. As always, hasta la próxima.

You can also check out my latest podcasts and collaborations here keeponcashflow.com/podcasts/