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All Forum Posts by: Diogenes M.

Diogenes M. has started 1 posts and replied 1 times.

Starting Out

Post: 1st R/E investment question - Remote Deal or Local Only?

Diogenes M.Posted
  • Investor
  • Dallas, Tx
  • Posts 1
  • Votes 0

Hi guys, I'm brand new here (both to R/E investing and w/ BP) and I have a quick question as I'm reviewing deals from all sources.  While my plan and financials does include property management for any location - for my first home, should I ONLY look locally in Dallas Tx area for my first deal, or can I look nationwide for the best deal?  My plan is to focus on cash flow since the plan is to replace my W2 and Texas r/e taxes are high so tough on the cash flow but amazing on equity.   Any advice?  Anyone start with their first deal in another state?  
Thank you guys!

0 Votes