All Forum Posts by: Liam Smith

To cut to the chase, I am 23 years old and live in the NYC area. I have realistically up to 45-40k to spend on my first investment property at this time, maybe more if absolutely needed. My house budget is 200-250k and I am looking to invest within 1-2 hours of the NYC area (maybe 3 if needed), as I plan to continue to live and work in NYC for pursuable future. I do not have a car though, and want to the avoid the expense if possible. I am interested in short term rentals, but also open to long term rentals. My goal is to have 3-5 properties (more if-needed) and be able to retire my partner and I within 10 years. I want to be hands on, and love exploring markets and thinking through how to set up my operations to be profitable. I just get into analysis paralysis and cannot decide the best rout to go into to start my journey. Should I go shorter, longer, or both? Whats a good system to achieve my goals? Glamping is also interesting t me. I want to be hands off eventually, but will willing to work to build a system that requires <20 hours of work a week.