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Updated over 10 years ago,
Tired of NY and want to move and start small. I think UT or CO, share your ideas.
I have been living in NYC since 2006 when I came to US. All this time my plan was to start a business and invest profits in real estate. This year I have closed my first business with some financial loss, but educational growth. Now, I'm in written financial budget and Ramsey fan.
All these lead me to thinking about moving to places where I can get more for my money as I do not make much and start over with smaller deals. I got data from multiple sources and combined with personal preferences, which gave me the 2 states to focus research. Utah and Colorado. I grow up close to mountains and love snowboarding. Also, both states in top 10 job growth since recession and good potential for long term growth. Has small cities with low cost of living and fun things to do.
I need more inside details to find out the difference and choose a city with jobs and close to markets where I can pick up rehab. I do not have any cash to invest and currently trying to pay off all stupid debts I got. I think me and my wife can get same $50-60k household income. I just finish 2 years of college. So no $100k salary here. Plan is paying off debt, saved up ~20K and start with buy live/fix property and rent out later.