Searching for my first property.

[Marcos Gonzalez]

Hello, I am a new member to this website and real estate in General. I'm located in Orange county CA, and looking to buy a rental property somewhere out of state. I have about 20k I could invest and wondering if I should do a traditional mortgage or could I do BRRR with that low of start up money. Any advice on locations that would fit my budget? Excited to connect with everybody here!

[Erin Anderson]

@Marcos Gonzalez Welcome! Investing can be exciting and OVERWHELMING! Know exactly what you want and determine a strategy that gets you excited about the income. I'm out of Indianapolis, IN and we have lots of investment opportunities here because of the growth. With that being said, looking for cities that are changing, expanding, and growing. For instance, we are getting an Amazon plant in Greenwood, IN that is to bring 1,250 FULL TIME jobs to the area.  Places like that are FANTASTIC to invest in because there will be a rise in need for homes. However, be ahead of the game and invest before building and hiring starts. Where there is an increase in jobs, will be an increase in houses market so you want to snag a deal while you can ;) Good Luck!!