Updated about 6 years ago on . Most recent reply
Need Help on Out of State Move
Hello everyone, my name is Montez Greer and I am a brand new Real Estate Investor. I am currently searching for my first deal, and I am very excited to get started. I have been in Analysis Paralysis for almost two years now, and I have finally decided ENOUGH IS ENOUGH! I am currently looking for deals in Cincinnati Ohio, where I live now.
But the reason I am starting this discussion is because my family and I are moving to Florida next year. My family consist of my wife, our 2 month old daughter, mom and 2 sisters. I have looked at a lot of different cities in Florida and "Spring Hill" caught my eye. It looks like a beautiful city, close to the beach and Real Estate is a lot more affordable than most places in Florida.
I am looking for advice from anyone who has been in my position before, or someone who have suggestions on what we should do. My wife and I have approximately $9,000 saved up for the move. I don't know if we should go ahead and buy a house down there? Or if we should start of renting a house or apartment and wait to buy a house? Should we start by house hacking until we get on our feet and learn the market? There are so many questions in my head and I have no idea where to start.
Any advice is welcome, we are open to any and all suggestions. Thank you all for reading, and I look forward to hearing all of your great ideas!
Most Popular Reply
@Montez Greer how long are you planning to stay in Florida?