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Updated over 10 years ago on . Most recent reply

Naomi Spira's profile image
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Naomi Spira
  • from Passaic, NJ
  • Member since Jan 21, 2015
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Naomi Spira's profile image
Naomi Spira's profile image
Naomi Spira
  • from Passaic, NJ
  • Member since Jan 21, 2015
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Naomi Spira
  • Passaic, NJ
5
Votes |
36
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Buying & Selling Real Estate

Buy in your neighborhood

Naomi Spira
  • Passaic, NJ
Posted

All mentors seem to advise to start off your real estate investment career 'in or around the neighborhood you live in'.  What do you do if your neighborhood is too expensive?

Ideally - I would like to test the waters with homes in the $100,000 range. But the Riverdale, NY vicinity is closer to $1,000,000+!  even the outskirts the prices are around $350,000+

Any advice would be apreciated.

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James Stevens
  • Contractor
  • from Temple, TX
  • Member since Jul 11, 2014
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James Stevens
  • Contractor
  • from Temple, TX
  • Member since Jul 11, 2014
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James Stevens
  • Contractor
  • Temple, TX
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James Stevens
  • Contractor
  • Temple, TX
Replied

Like Brandon Turner says all the time in the podcasts, "you can always find something to invest in within 2 hours of where you live."  So investing near you doesn't have to mean right down the street.

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