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Updated about 2 years ago on . Most recent reply
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Finding my intro to real estate investing
Hello,
I am currently trying to find my intro to real estate investing. I make about 89k a year and I have about 20k saved (~10k in bank and ~10k in ETFs). The main issue for me right now is that I live in NYC and if I want to invest in a property here, I do not have enough saved up, and I do not make enough. I have also considered purchasing a property in another state (Texas) and hiring a property manager, but I am not totally sure how that works. What is your advice on how I should get started with investing in real estate? Thanks in advance :)
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Quote from @Zihan Huang:
Hello,
I am currently trying to find my intro to real estate investing. I make about 89k a year and I have about 20k saved (~10k in bank and ~10k in ETFs). The main issue for me right now is that I live in NYC and if I want to invest in a property here, I do not have enough saved up, and I do not make enough. I have also considered purchasing a property in another state (Texas) and hiring a property manager, but I am not totally sure how that works. What is your advice on how I should get started with investing in real estate? Thanks in advance :)
If you are looking for affordability, appreciation, and cash flow Ohio has some great markets. Columbus, Toledo, & Cleveland have been some of the hottest markets for investors for one or more of the reasons I mentioned.