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Updated over 9 years ago on . Most recent reply
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If you're planning to move in the near future - should you not start investing?
I currently reside in NJ and am looking to start REI. I have a rough timeline where my girlfriend and I plan on moving out to San Francisco (for personal reasons) and searching for jobs out there within 6-8 months.
Does it make sense to purchase a property here for buy-and-hold? By the time I found something, closed on it, did repairs, and got renters in there, I would only have a couple months of self-managing before I have to leave in the hands of property managers. I've heard for beginners it's important to self-manage since you need to keep expenses low and it's a valuable educational opportunity.