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Updated over 1 year ago on . Most recent reply
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Soon to be Divorced Looking to be in the Mid Term Rental Game
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?
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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.
- Andrew Bosco
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