All Forum Posts by: Luke Kwon

Hello everyone! This would be my first question-post.

I am 24 with a philosophy degree at the University of Illinois. My parents live in South Korea and I am the only U.S. citizen in my family. I would like to start Real Estate Investing, but do not know which community I should start in. I think it is a huge advantage to choose any city and start my career. If you can start your Real Estate Investing career in any city in the United States, where would you start?

I like the idea of house-hacking, buying small 2-4 multifamily property with FHA loan, and rent out the rest unit(s), so that's how I will start. Beforehand, I will also get a day job to get FHA or bank loans. My parents may give me a 100-200k loan if I ask.

Based on a book I read [Part Time Real Estate Investing], the top markets (2016) are

Orlando, Fort Lauderdale, Cape Coral, North Port, Tampa, Jacksonville, West Palm Beach, FL, 

San Antonio, Dallas, Austin, TX

Grand Rapids, MI, Charlotte, NC, Seattle, WA, Nashville, TN, Charleston, SC, Denver, Co, Madison, WI, Boise, ID

But, I've never been any of these cities so I have no idea.

Back to the question, If you can start your Real Estate Investing career in any city in the United States, where would you start? and why? Any comments will be highly appreciated!