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Updated over 6 years ago on . Most recent reply

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18
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1
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Bryan T.
  • Dallas, TX
1
Votes |
18
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New investor, Planning to move to Jacksonville to BRRR-Good Idea?

Bryan T.
  • Dallas, TX
Posted

I am a young mid-20's new investor planning to move to Jacksonville, FL to start BRRRing. I currently do not have any rental properties and have just been reading a lot of real estate books and listening to podcasts. I currently am in Texas but the properties here are more expensive and the property tax is high. 

Should I start investing/BRRRing here in Texas first or should I move to Jacksonville, FL to get beginning experience? I have about 200k cash to work with. I currently live in the Houston, TX area and it seems many people are investing outside due to better price/rent ratios, lower property taxes, and because of flooding/hurricanes here. 

Most Popular Reply

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966
Posts
1,144
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Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
1,144
Votes |
966
Posts
Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
Replied

@Bryan T., if you're worried about hurricanes, Florida isn't for you.

Houston has generally been flat however that's been changing and values have been rising. $200k will go a long ways in Houston, plus you know the city. That's a huge plus.

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