30k in pocket. Where to start?

[Elijah Radford]

Hello,

I have been saving up and and reading the basics for several months (Rich Dad Poor Dad, BRRR, most of bigger pockets books, ABCs of Real Estate Investing, etc.)

I have saved up over 30,000 and I’m wondering if I even have enough to make a dent. I live in Nashville and I’m considering house hacking but Nashville’s home prices are outrageous and their duplex prices drive me mad.

I’m curious out long distance or flipping, both of which are intriguing but also seem like a large hurdle.

I’m just curious if anyone has any advice for early investors and how you started. Should I start moving or keep stacking?

Thanks, Elijah

[Alex Smith]

People on here will tell you that you're some-amount-of-years too late to be investing in Nashville. It's not the end of the world though. If you're looking to invest, but don't necessarily have the stomach to do out of state investing, there are plenty of people on here that invest in Memphis and/or Chattanooga and are cashflowing. 

With you being in Nashville, you're not that far from either place, especially Chattanooga. Chattanooga is growing quickly thanks to EPB and Volkswagen investing heavily in the city. Amazon has a decent size presence here, and there's also Unum which is a large corporation that has an office here too.