Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

9
Posts
7
Votes

Moving from Memphis to Denver (Should I Invest Long Distance?)

Posted

I'm a real estate investor newbie!  Long story short, I'm from Memphis, TN moving to Denver, CO in a few weeks.  I'm in nonprofit management, so you can imagine why I MUST acquire other forms of income to achieve financial independence.  I'm looking to buy my first rental property.  Of course, the Memphis market is totally different from the Denver market.  Ideally, I would love to house-hack while in Denver.  However, based on my finances, I don't think I can afford a property over $135K (I've got to check with lenders to confirm).  My question is would it be wiser to purchase property in Memphis and manage it long distance or is there any option for me to buy  decent property in Denver to house-hack?  Any guidance would be greatly appreciated!

Loading replies...