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Updated over 1 year ago on . Most recent reply

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7
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5
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Pheap Thlang
5
Votes |
7
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Soon to be Divorced Looking to be in the Mid Term Rental Game

Pheap Thlang
Posted

I’m new to this, and so happy to have found BiggerPockets! I’ve always wanted to be a real estate investor, but my STBXH was never on the same page. I want to get your opinions on if 1.) I can try to get my first rental property before the divorce is finalized or 2.) keep looking at properties until the divorce is finalized?

Is there any advice on how I can start with one property to rent out as a mid-term rental?

Should I start in the Bay Area or out of state with less than $100K?

Most Popular Reply

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330
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322
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Andrew Bosco
  • Rental Property Investor
  • New Hampshire
322
Votes |
330
Posts
Andrew Bosco
  • Rental Property Investor
  • New Hampshire
Replied

Wait for the divorce to finish! get your bearings. Closer to major metro - the better. Just make sure your LTR rates make sense, then follow suite with MTR/STR. Check out Demand on furnished Finders/zillow/rabbu - get a sense of pricing, then go from there.

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Andrew Bosco - Team Granite & Pine - Candor Realty
5.0 stars
18 Reviews

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