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Updated about 2 years ago,

User Stats

2
Posts
4
Votes
David Chen
  • New to Real Estate
  • Philadelphia, PA
4
Votes |
2
Posts

Am I on the right track?

David Chen
  • New to Real Estate
  • Philadelphia, PA
Posted

Hey everyone! 

I'm back after lurking around the forums and listening to the podcasts.

I saved up some money (around $70k) and finally deciding to buy my first rental property. I'm looking into single family homes and small multi-family homes (duplex or triplex). I have a real estate agent (same one I used to buy my own home) and she gave me a couple properties. Single family homes are ranging 230-250k and duplex are ranging 250-450k. I am looking around Temple University right now - plan to rent out to college/graduate students. 

Besides my agent, should I also look for a local property management company and local contractors right now? If so, does anyone have any recommendations?

Thanks for reading this! It's good to be back!

-David Chen

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