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Updated almost 3 years ago on . Most recent reply
Beginning Real Estate Questions
Hi All,
I have been listening to bigger pockets rookie for about a year and I'm ready to take the next step/leap into real estate investment. I currently live on Long Island and have enough money saved up to buy a house in the 450K-500K range. The only problem is most of the houses either need some work or are out of my price range. I have two options buy a house on Long Island and try to do small renovations or buy newly renovated house. While listening to bigger pockets rookie podcast I hear an ad for Memphis Investment Properties. I've been teetering back and forth about buy something through Memphis Investment Properties and staying put another year or two or buying my a house on Long Island and house hacking it. I'm trying to see what would be better as I really want to get into investment.
Have anyone on here used Memphis investment Properties? Any tips or tricks that anyone might have would be greatly appreciated.
Thank you,
Adam
I have been listening to bigger pockets rookie for about a year and I'm ready to take the next step/leap into real estate investment. I currently live on Long Island and have enough money saved up to buy a house in the 450K-500K range. The only problem is most of the houses either need some work or are out of my price range. I have two options buy a house on Long Island and try to do small renovations or buy newly renovated house. While listening to bigger pockets rookie podcast I hear an ad for Memphis Investment Properties. I've been teetering back and forth about buy something through Memphis Investment Properties and staying put another year or two or buying my a house on Long Island and house hacking it. I'm trying to see what would be better as I really want to get into investment.
Have anyone on here used Memphis investment Properties? Any tips or tricks that anyone might have would be greatly appreciated.
Thank you,
Adam
Most Popular Reply
I think the good thing is that you are considering investing out of state. There are a lot more properties you can pick up with that same buying power elsewhere.