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Updated over 6 years ago,
New member looking to start!
Hey everyone, just found the Podcast and glad you're all out here! My number one goal for 2018 was creating a financial plan for my fiancee and I to support our early retirement goals, and that led me to real estate. Through a number of books and podcasts, I became convinced that buy and hold real estate is the best way to go for my financial freedom goals and I have been trying to learn as much as possible over the last 3 months. I feel like I need to make the leap now and purchase, but something keeps holding me back.
A little about me: My fiancee and I are both traveling Physical Therapists. For those outside of the medical field that may or may not have any idea that these positions exist, we live in a 5th wheel and travel from area to area every 3-6 months. Currently we work about 9 months per year, and that is our plan for the next decade. We live fairly frugally, and traveling provides good pay, well I define it as good at least, so we have substantial income left over for investments. But, this type of work means I don't have a local area to invest in currently, and probably wont for the next decade at least. Obviously I will be using a property management company no matter where we go.
So, I think my main struggle is freedom of location opens up the whole country, which multiplies the analysis paralysis effect and makes me less confident in choosing the right area. If you were starting today, and lived my nomadic lifestyle, how would you approach real estate investments?
Thank you in advance!