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Updated about 9 years ago,
SF or somewhere else?
I've recently moved to the SF Bay Area for work and am very interested in getting involved as a passive real estate investor. The downside is that it is a very expensive market, and I don't have a lot of capital. I'm here for at least 2 years, so I'm trying to decide between two options:
1) Save up some cash, then move to another city where my capital can go a lot further.
2) Stay in SF for the longer term, and get started immediately learning the ins and outs of real estate investing and building a network.
#1 is good because I have more capital to get going, but #2 gives me an extra 2 years of experience and networking. What are your thoughts? Thanks!