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Updated over 5 years ago on . Most recent reply
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Investing from afar, yay or nay?
Hello to you all!
so, im a beginner, 20 years old and started planning out my near and far future, and did a little market research in the area i live in and found out the prices for properties are significantly higher than all the examples made in books and podcasts, so i thought to myself how can i overcome this, i have option a:
work harder, build bigger starting funds, and go in in a more expensive market (which honestly scares me a bit because im so inexperienced)
or option b:
change my market to a long distance investment (which scares me as well, for obvious reasons)
so i came here to ask you almighty real estate gurus to aid me in time of need, is there a c option i am not creative enough to see? What are your thoughts on these options? And what would you do in my place?
thank you all who bothered reading, english is not my native language so i know it may be messy and hard to read at times, and have a nice day !