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Updated over 2 years ago,
Currently Struggling on Choosing a Market
What's up BP family,
I'm currently facing some tough decisions. My original plan to get started in real estate investing was to move out of California, and house-hack a MF property in San Antonio, TX. Unfortunately after doing a lot of deal analyzing, I found that whether I was living in the property or it was fully rented out, I'd still owe a chunk each month out of pocket. I know these properties won't really cash-flow as they are more appreciation markets, but it seems I can't even come close to breaking even. This has started to push me into looking at other markets in different states. I've really wanted to move to Texas for a few years now, but the numbers just aren't making sense where I want to go. I have found good deals in the north, but I am not a huge fan of living in/dealing with snow and winter storms. Any advice you guys have for me? I 100% want to get started before the end of this year, but the markets are tough right now and I'm not too sure where else I should be looking that might be similar to Texas. Thanks for any responses!