All Forum Posts by: Emmanuel Mendez

I have saved some money over time and i started looking for my first purchase in san diego. It's to expensive and i feel like i would get tied down for a while with the mortgage. Condos Appreciate maybe 4-8% a year. I Found Raleigh and durham area and seems like its been growing and prices are still super low compared to san diego of course.. Im guessing i could buy rent and hold that property for 1 or 2 years and then use the brrr to get another property.. and so on. in san diego i would just sit with a high mortgage and low savings...

my question is :

Would it be a good idea for me to dive in and buy a long distance investment property in the area? What should I learn before diving in and starting this journey. I have been aware of the brrr for a few years now but have never actually done it.

I have read the brr book it was a few years ago. i'm starting from page one again.