new to REI and trying to make my next move

[Jake Warren]

hey bigger pockets recently became a pro member and loving it. not to sure what kind of deal I should look for next I am 27 years old with 100k cash to play with. I currently have a LTR and a STR should I do a BRRRR or a flip or another LTR? I do live in Canada but would also consider a out of state deal. tell me what you think.

[Scott E.]

Doing a major renovation remote is possible but it's not something I would ever recommend unless you have a very, very trusted set of boots on the ground.

You should be:

1. Studying different markets around the US and pick one that you believe in

2. Once you pick a sub-market, get to know everything about that area. What are the good parts of town? What are the bad parts of town? Is the population growing or shrinking? How are the schools?

3. After you hone in on an area you'd like to invest, build a team of real estate agent, general contractor, title company, lender.

4. Start thinking about your strategy (buy and hold, single family, multi family, flips, etc)