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Updated over 13 years ago,
Florida vs. Northeast
Hello BP,
I'm looking for some sagely advice. I'm still getting started and looking to break in to the wholesaling business very soon (also rehabbing and buy+hold).
I plan on wholesaling while keeping my 9-5 job at least until I have built cash reserves of $50k.
My dilemma though is that my girlfriend really wants to move to Florida (I enjoy it there also) but I'm from the Mass/Rhode Island area and I don't know anything about Florida real estate. I just got back from Clearwater beach and we drove all around the tampa/clearwater area and I gotta say.....a lot of neighborhoods are run down with closed businesses all over the place.
Does anyone have any insight on starting somewhere brand new vs. your hometown area as a brand new investor OR Florida real estate investing in general?
Maybe it's just a confidence thing being brand new, quitting the J.O.B, but my heart tells me that Rhode Island is where I should start until I'm established in this business.
Thanks!