Should I invest in out-of-state properties?

Should I invest in out-of-state properties?

As a beginner real estate investor, you should consider purchasing an investment property that is close to your home. It is advisable to invest in an out-of-state property only after gaining enough experience. On the other hand, you may find that homes in other parts of Australia are more profitable or more affordable than those in your area.I have done so with my first family units when house property prices were lower in Perth than the same units in Melbourne.

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