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Updated over 4 years ago on .
Relocating, Should I Invest Now or Wait?
Hi,
I just found out I might have to move next June - August ( approximately 7-10 months). I've been working on getting my first deal done and have spent the last few months building my network and learning the market where I currently live. If I know I am moving is it best to wait until I have relocated and try to find a property in that new market or continue trying to find a deal where I currently live? I plan to try and BRRRR the property so I understand the rehab will be something I am going to have to check on constantly while it is going on. If I did end up finding a deal, executing a BRRRR, then moving, my plan would be to hand the property over to a local property management company.
If you have any advice or have been in a similar situation I would love to hear your input.
I just found out I might have to move next June - August ( approximately 7-10 months). I've been working on getting my first deal done and have spent the last few months building my network and learning the market where I currently live. If I know I am moving is it best to wait until I have relocated and try to find a property in that new market or continue trying to find a deal where I currently live? I plan to try and BRRRR the property so I understand the rehab will be something I am going to have to check on constantly while it is going on. If I did end up finding a deal, executing a BRRRR, then moving, my plan would be to hand the property over to a local property management company.
If you have any advice or have been in a similar situation I would love to hear your input.
Thanks!