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Updated over 6 years ago,
First time investor
Hey BP
I'm planning to buy my first property in the near future and am looking for some investment tips. I've narrowed my options down to two choices.
1. House hack a single family ADU or Duplex in the Portland, OR area and live in half and rent half to minimize my rent costs as much as possible / live for free.
2. Invest with my brother in Raleigh, North Carolina where prices are a fraction of the cost. I would put up the money and my brother would live in one unit / manage the property and we would rent the 2nd unit.
I'm in my young 20's and looking to start my career on the right path. I see the pros and cons to both sides but would love to hear your feedback!
Thanks!