All Forum Posts by: Gabriella Cerda
Gabriella Cerda has started 1 posts and replied 3 times.
Post: Should I Buy an Investment Property in Another State?

- Rental Property Investor
- NC
- Posts 3
- Votes 3
@Chris Davidson
Thank you so much for reaching out and all the advice you have given! I just needed a starting place (other than reading books and listening to BP Podcast).
I gotta get started on my homework now! Hopefully this is my first step to success.
Hope you have a great week!
Post: Should I Buy an Investment Property in Another State?

- Rental Property Investor
- NC
- Posts 3
- Votes 3
@Chris Davidson
I am a teacher in the public school system and teaching is much better in TX than where I am now. My fiance is graduating next May and that's when we are planning to make the move. He’s a veteran and TX is very veteran-friendly. I also have some family near Dallas. Texas just seems like the right place to be.
You're right on having to rely on others' advice with investment properties. I just wanted to express that I want to learn as much as I can on my own, while also taking advice from others before I make my first purchase. My ego isn't so big where I think I can handle everything on my own without any help.
I also believe that purchasing a property somewhere where I already have roots established but I don't want to make the move to TX and have to wait a lump some of years just to ”make connections”. Does that make sense?
I want to get this project up and running as soon as I can but I want to make the smartest moves possible.
Post: Should I Buy an Investment Property in Another State?

- Rental Property Investor
- NC
- Posts 3
- Votes 3
I should mention that the state that I would be buying in, is a state that I will be moving to within 1.5 years.
I am an amateur investor and currently using as many resources that I have available to learn as much as I can, as fast as I can. I have a lot of family members who are experienced with investment properties but I want to venture out on my own (at least in the beginning) so I can truly understand the in's and out's. I don't want to rely on anyone's advice and I want to make sound decisions for myself and my future.
I currently live in North Carolina but I want to buy my first property out in Texas (near the Dallas area). I plan on living on this property for the first year because my current income wouldn't support buying my first investment property and my first home. Plus, I recently learned about "House Hacking" and this sounds very enticing for a first-time buyer. I am very interested in duplexes, triplexes, or even a complex with more than three doors.
My question to you is do you think it would be a good idea to buy my first investment property/first home BEFORE I move to the state?
Thanks!