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Updated almost 5 years ago,
Where to start if you have more capital?
Hello Everyone,
My wife and I recently moved to Charlotte, NC. We are both in sales (I work for one of the big west coast tech companies). Like a lot of posts I've read we are looking to get into REI, and have done a lot of research, but haven't pulled the trigger. Getting over the hump of that first property just seems daunting.
We aren't risk adverse, but thought it would be great to get some opinions on how to start in REI based on where we are at.
We're both 29 (no kids yet), and have roughly $300K in easily accessible capital we could use (more if I wanted to cash-in on some options/RSUs). It seems like there is an array of options from buying property ourselves, or going in together with others on a larger property.
Just wanted to see if there was any advice based on our area or situation. Not opposed to looking outside the area, but felt it would be better to be close by for an initial investment.
Andrew