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Updated over 10 years ago,
My interesting situation
Hello to everyone,
I just joined BiggerPockets today and am an extreme newbie to real estate. I'm currently in an interesting situation. I lived in Chicago for 10 years and moved to Charleston a few months ago to help a friend start a business. My original plan was to move back to Chicago when I was finished here but now as I start to research the real estate industry more I'm wondering what is the smarter move for me, move back or stay in Charleston.
I am interested in getting started by buying a multi-family home and living in one unit while renting the others out. I know there are a lot of factors to consider in each place but I am curious as to if anyone has any advice or input on starting off in the real estate industry in either city. Am I crazy to think I can get off to a good start in Chicago as opposed to Charleston? Is it harder to get started in this industry in a larger metropolis versus a smaller city? Am I being to paranoid about it?
Any advice or input would be greatly appreciated. Thanks in advance,
Tim Coppola