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All Forum Posts by: Scott Orkus

Scott Orkus has started 2 posts and replied 2 times.

I'm looking for some advice on how everyone evaluates a new city or region to begin investing.  I've done a lot of homework on strategies I want to begin using in 2024, but still struggle with determining a region of the country that makes the most sense.  

I've been building a good base of knowledge in real estate investing over the over the past year+, and now I'm ready to put everything I've learned to work. I'm looking to build a portfolio over the next 5-10 years to help me escape the 'rat race', enjoy my middle-age years, and retire early. I'm interested in the BRRRR strategy, Flips, as well as sort term rentals, i.e. buying & holding in predicable vacations areas for longer term appreciation growth.

I currently live in South Florida with my family, and the market down here is as tough as it is anywhere in the country.  I am actively looking for other locations/states to invest in (Long Distance Real Estate Investing is next in the pile on my night stand), but am having trouble finding a good region.  I would appreciate any tips on how others evaluate begin a new city/region to decide if its a good place to start looking.  Thanks!