Tech news site TechCrunch says “technology is finally eliminating geography as a barrier to real estate investing” They suggest that new methods of gathering information and buying & selling have eliminated geographic barriers and has completely disrupted the industry.
“Technology has enabled radical changes in how and where people invest in real estate. The old adage that real estate investing is a local business no longer holds true…..Hands-off investing, uninhibited by geography and free of the headaches associated with property management, has completely disrupted real estate investing forever.”