Solutions for Transient Couple

[Michelle DeRouin]

Hey, everyone! I have an issue that may or may not be resolvable. My boyfriend and I would love to start investing in real estate, or at least getting a feel for it by visiting houses and learning about market values. Unfortunately, he and I will probably be moving around fairly often, because of his job (3 months from now we'll move, and then a year after that again). Any suggestions on how to get started when we're not sure where we'll even be in the future?

[Emily Powell]

Hi, @Michelle DeRouin.  I am in a job that has me in a new city every month.  Since I know I won't be in any city long enough to purchase where I can check on my own properties, I've used my traveling job as an opportunity to look at different markets and decide where I want to invest.  Once I make that determination, the most important piece is to find a good property manager, one whom your trust, so that once you've left the city you know that your properties will be well taken care of.  And the truth is, just because you live in a certain city doesn't mean that city will be right for your investment goals anyways.  I am no expert and still figuring it out myself, but that's been my mindset thus far.  Best of luck to you and your boyfriend.