My name is Scott Eranio and I have limited background in REI. I live in Boston, MA. I work as a nurse at a local hospital here. I have begun informing myself here on BP through all forms of its media - forums, podcasts, webinars, all the tools available, etc. - it's been great, its influence and development to my strategy has been indispensable.

I am hoping to begin a Buy and Hold real estate portfolio elsewhere in the country, current thoughts are Atlanta or Raleigh MSA. Though Boston is “my” market, it has many barriers to entry and my wife and I are open to a new start elsewhere. The plan at the moment would be to move down to one of these areas when ready (likely summer-fall) and when our current lease ends (currently renting). There I would get a job as a travel nurse while acquiring and house hacking a property, the location would be decided by the real estate purchase, not the job. This way I can maximize my opportunity in my profession, more quickly get revenue to reinvest, and acquire the first asset in my portfolio. With the savings and equity gained in the first duplex I could hopefully acquire another property in the future, possibly continuing the Buy and Hold strategy or pursuing other strategies.

I should have ~$60k saved up for my first purchase. I am going to do a hard reflection on my budget to better estimate how much cash will be on hand. I realize I am a little preemptive in my search, but I strive to be well informed for my first purchase. I am market agnostic by which I would be open to other areas, but I am particularly drawn to the south and a medium/larger metro area at that.

I'd love to meet/get in contact with agents, investors, or anyone willing to share information with me. I am very excited and motivated for this first move.

Shout out to @ScottTrench for his recent The Simple, Repeatable Path to Wealth with Real estate in 2024 episode for encouraging me to write this post!

Newbie from Boston, MA, interested in OOS

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