Having a job that moves you every 18 months.
Hi BP,
I am a new college graduate and have recently discovered my strong interests in real estate. With that being said, I chose a job post college that I will be moving every 12-18 months for the next 5 years. It’s a pretty good paying job with room for growth, but ultimately my goal is to have enough cash flow from rental properties where a 9-5 won’t be needed.I am really interested in the buy and hold route, but know that would have some downsides if I will be moving that much.
I’m wondering if anyone has experience with rentals in another state. I’m not sure if I will have a friend who is “ boots on the ground “ yet.
I’d like to either ,
1) buy and hold even while moving states.
2) save a large amount and use that once I’m finally settled in 5 years.
3) flip during those 12-18 months depending on which markets I am located.
4) find a new job that will allow me to stay put in a single market.
I would greatly appreciate some feedback/thoughts. Thanks!