All Forum Posts by: Miciah Furbay

Hi,

I want to get started in real estate investing and so far I am mostly interested in long term rental properties and Multi-family properties. However, I am running into a lot of questions about how I will started in my local area of Phoenix. It seems prices are relatively high in the area and that leads me to wonder if I should keep looking for a good deal locally or if it would be a better idea to invest out of state.

However, I understand investing out of state comes with its own drawbacks so I am not sure if that would be a great idea as a first property. Just for context, I am single and make about $75K a year with around $100K saved up in the bank. What would you do in my position?

Thanks,

I am a relative newbie when it comes to real estate investing. I am primarily interested in learning more about investing in various types of rental properties such as long-term rentals and Multi-family properties. Eventually, I hope to use the knowledge I gain and the connections I make to take action and get started in the world of Real estate investing. My end goal for investing in real estate is create a financial secure future for myself those loved ones around me.