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Updated about 1 year ago,
Deciding what type of properties to invest in...
Hey guys,
I'm in Maine and having a tough time deciding where (and what) to start with. I'm a realtor so I can get into places (in Maine) pretty quickly. I've checked out single families, 2-6 units, out of state (mostly PA because it's the closest "landlord-friendly" state to me), and smaller commercial. I have been leaning towards SFR because I like the idea of the tenants paying for everything. I also lean that way because most of the multis in my price range in this state are built in the 1800s and I cringe at the thought of the upkeep on them. For out-of-state stuff, I have a hard time because I don't know which areas, contractors, and property managers are good and trustworthy.
Any suggestions of where to start would be very much appreciated. I've been stuck in limbo for years and I just need to take action. I'm hoping your feedback will help get me going in the right direction...
Thanks, in advance, for any guidance you can provide!
- Joey