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Updated over 5 years ago on . Most recent reply
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Where to move in the US for investing for the beginner
Hi Bigger Pockets friends!
I am in a unique situation in which I’ll be moving from Hawaii back to the mainland within a year after selling my business, and I’m trying to figure out where to move to. I will have a modest amount of cash to invest (likely 30-75k), I plan on having a W2, and I am interested in BRRRing a single or small multi-family. I have lived in Atlanta and Salt Lake City, so I am already somewhat familiar with those markets. Additionally, I know lifestyle fit will be an important factor, as I plan for my wife and I to start our family there and live there for a long time (but I don’t expect you guys to give recommendations on that, lol).
I’d like to get your perspective on what markets have comparatively more opportunity than other markets for a beginning but and hold investor. How does your market(s) look right now? Is legislation friendly for investing there? How hard is it to find good deals? Is there anywhere I should avoid? You get the picture :)
Thanks in advance!