Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Ben Jenkins
0
Votes |
3
Posts

First property purchase. Rent out, or move in?

Ben Jenkins
Posted

Hello all,

I'm just getting into real estate, and I was hoping you well educated people could help me make up my mind about something. I'm currently paying rent ($700 monthly), and I'm looking to buy a house. The choice I have to make is should I: 1) stay in my apartment, buy a 1 bed house, renovate it, and rent it out, or 2) buy a 2 bedroom house, renovate, and move myself into it?

Most Popular Reply

User Stats

1,173
Posts
1,644
Votes
Brian Ellis
  • Rental Property Investor
  • South shore, MA
1,644
Votes |
1,173
Posts
Brian Ellis
  • Rental Property Investor
  • South shore, MA
Replied

It really comes down to your situation and what will benefit you the most. Tough for us to give you a clear destination point with very little facts. 

For me, when im investing I want to make a decision that will benefit me the most 10 years from now. I want my initial investment to grow, and give me the ability to re-invest. 

Loading replies...