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Updated over 3 years ago, 06/03/2021
Location, Location, Location!
Newbie here with a question for the group. I recently accepted job that's 100% remote. Being remote, I have the flexibility to live anywhere I want. I'm on my own and don't need to take into account anyone else in making this decision (first time in a long time!). With that said, what does the group think of actually moving to an area of the country where the RE market isn't 100% crazy? With all due respect to the virtual investors, I need to be able to see and touch any properties I'm looking at, so going the virtual route isn't for me.
Appreciate your inputs.
Thanks!
I unfortunately think you'll find that every market in the USA right now is 100% crazy.
My I ask why you don't want to go virtual? Why is being at the property an importance to you?
The markets are hot pretty much everywhere, but with that being said there are some markets that are more intense than others. It can be competitive and intimidating but I would argue that moving to one of the hotter markets would be a wise decision. That's a sign of economic and population growth, which as in investor is ideal for cash flow/appreciation. May be more difficult to get exactly what you want but there's also peace of mind knowing there's value add
Hey Stephen,
Thanks for reaching out. I guess I'm old school; I have to see it for myself to make the decision. If you don't have the right team on the ground in the other market, you could make a bad buying choice. I know others (probably like yourself) will disagree, lol but its just me.