Newbie Investor from Bend, OR – Looking to Invest Long Distance

[Jordan Paz]

👋Hello BiggerPockets family! My name is Jordan and I'm a newbie real estate investor. We haven't done a single deal, but after consuming countless hours of BP content and way too many books, we've decided that this is the year that we take the plunge and actually get our skin in the game! My girlfriend and I live in beautiful Bend, OR. We LOVE it here, but the market is insane. As far as I know, cashflowing, small multifamily real estate is nonexistent, so we've decided to invest out of state. I'm a software engineer at a tech startup, working 100% remote so we have the amazing luxury of living anywhere we want. The plan is to house-hack a duplex/triplex/fourplex and live for free or even cashflow a little bit. We've been researching areas all over the U.S. and have narrowed our list down to these places for our house-hack:

• Northwest Arkansas (our favorite)
• San Antonio, TX
• Austin, TX
• Portland, OR
• Sacramento, CA

We are both in our mid 20's, very sociable, and love the outdoors. We refuse to live somewhere horrible for the sake of more cash flow. For this reason, we think Northwest Arkansas – Fayetteville, Bentonville, Springdale – looks the most promising. We'd love to connect with people in the area to build out our network and get to know the region better.

[Jonathan Stone]

@Jordan Paz

Welcome Jordan. My wife and I live in the greater Portland metro and have been looking into a house hack locally. We are looking to offset our living cost realizing cashflow isn't a reality in this market. We have also been looking to something with STR potential either on the coast or near bend. This would be ideally a ADU or similar. Not sure how much house you require but those Can cashflow if you want to live in the ADU and rent the primary home.

Hope this helps.