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Updated over 11 years ago on . Most recent reply
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Two Questions on Starting out
I am a passive investor and Dallas/FtWorth market and don't think real estate investing will become my primary money earner. So, basically as a passive investor, my hope is that real estate will provide me some passive income for the next few years to come.
Question 1:
Is this a reasonable approach? Do the pros advise me against this kind of attitude to real estate investment? And, if this is not such a crazy idea, then what kind of investments should I look for - Single-families, multi-family, office spaces etc?
Question 2:
I hired an agent who was referred to me by my friend. My friend has purchased couple of single-families and office spaces from this agent. I have been working with this agent for about 4 months, and I have seen 2 properties so far from him. I am not sure if the frequency with which he has shown me normal or not. Should I expect a higher frequency?
I am still reading the BP's Ultimate Beginners Guide and hope to come out wiser when I am done with the guide. Looking to the community for help meanwhile.
Regards
Most Popular Reply
On question 2 there might not be anything available that meet your price range. I see you are in Irving and there are plenty of deals there.
Joe Gore