Long Distance Investing

[John Alexander Rush]

Hi everyone, I’m Xan and I’m new to the bigger pockets community as well as real estate investing. It’s nice to be surrounded by people who also dream of financial freedom even if only virtually. Anyways, I just started my first engineering job out of college and I’m already trying to plan out my money. My biggest question is, when I invest in a market do I have to choose a place to be for the long run? I want to live in a lot of different places and not be tied down to just one place for 30 years, so if your honest opinion is to stay out of real estate investing then don’t hesitate. I have thick skin. I’m mostly looking for some opinions, literature angled towards a mindset like my own and maybe someone to talk to.

[Lexey Vezzoso]

Hi John!

Congratulations on the new career!

It's very wise of you to start thinking about where you can invest your money. You are never tied down to one market. I know a lot of people who invest in multiple markets virtually. 

My one suggestion/piece of advice for you is to try and find a market that has good appreciation. Boise, ID has been a great area for a lot of investors I work with. The amount of appreciation they are getting has been such a great return that they can either use to invest in more property or investments elsewhere. A lot of the time people are just looking at markets that cash flow a lot but they don't see a lot of appreciation in their homes. 

If you want more information about this you can always reach out to me and we can have a more in depth conversation. Good luck with the investments and let me know how else I can help!

-Lexey