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Updated about 4 hours ago,
Want to start my investing career but not sure what first step is best
Hey there,
I currently live in San Antonio, TX and there is a big chance I'll be living in NYC starting next month with my partner. We are moving to network and hopefully further our careers a little. Currently we both work remotely and just graduated college. We only bring in about 85k-90k total and we are really frugal.
I really want to start my investment journey but I'm not sure if an out of state property would be a good choice while renting in NYC or if we don't move, to move to a cheap market, live in the property for a bit and then rent it out. Problem is that a cheap market would most likely not give us the greatest career opportunities. Has anybody recommendations of cheap markets to buy rentals where we a young couple could peotentially live in vicinity to a good job market/bigger city?
What would you do if you were moving to NYC? I will definitely try to bring in as much money as possible but I don't want to wait forever to pull the trigger.