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Updated over 5 years ago on . Most recent reply

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2
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Austin M.
  • San Francisco, CA
0
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2
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Having a job that moves you every 18 months.

Austin M.
  • San Francisco, CA
Posted

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! 

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