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Updated about 8 years ago on . Most recent reply
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How to start if I'm not living in the market??
Hi everyone! :) I am currently working in Long Island, NY and would like to begin investing in real estate in my hometown, Westchester, NY (about 2 hours away), because my mom is a real estate agent and I understand the market better. I've been applying to jobs near my hometown to move closer, but no companies seem to be contacting back. I would like to make real estate investing my career as soon as possible, but I feel as though I can't begin doing any investing because I don't have experience and don't live near the market I am investing in. Is there anything I can do to get my feet wet? Do you think it's possible to quit my job and invest in real estate full-time with no experience?
Thanks for your input!
Most Popular Reply
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Getting a real estate license for the education will help definitely, but I still cannot see how I would be able to sell houses when I live 2 hours away. Of course getting a licenses definitely can't hurt.
Yup, that's the plan! I want to live in one unit and then rent out the rest, basically house-hacking.