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Updated almost 9 years ago,
Local or out of town first investment ? What should I do
So I've been doing my homework and hate motebi look around it seems like my dollars would be better served by investing in a market out of town i originally was looking for a buy and hold prop in Augusta or savannah GA but after looking at the Atlanta area I'm wondering if I should focus on that area mainly bc the rents are a little higher for about the same purchase price.. Even less at times so should I play it safe so to speak on my first investment and keep it close to home or take a chance on a bigger city with the help of a property manament team.... I can get a turnkey prop for about 10-15K less in Atlanta with a about a $200 increase in rent as opposed to the Savannah area ... Thanks in advance for the help