Buy a second home to live, or buy rental property and rent?

[Guillermo Rozenblat]

Hey guys, new here and overall newbie in real estate investment. I'm in the process of relocating to Austin, TX from Miami, FL. I currently own an apartment here, and have about $150k saved to invest in a new home while renting out my apartment.

My question is would it make sense to use that money for the home? Or would it be wiser to use it to start some type of real estate business, while living in a rented house?

Thanks so much in advance!

[Raymond J. Rodrigues]

@Guillermo Rozenblat it depends on the real estate business that you’re looking to start. If you’re looking to get involved in our local market and perhaps purchase a home, I highly suggest you get in contact with @Malgorzata Sadowska. She is a true expert in the South Florida area. I hope this recommendation helps!