Ready to purchase first invest property but struggling...

[Reese Brown]

So I am ready to purchase my first investment property. I would preferably like to stay close to my area (Abilene, Texas) so I can manage it myself. I am looking at single family or duplex for long term rental. Ideally would like to get my feet wet for under $150,000. So far I have looked at several properties but can't seem to find the one that seems like it would cash flow and appreciate. Does anyone have any suggestions on buying their first property that can help get me going?

[Reese Brown]

Quote from @Lucia Rushton:

Quote from @Reese Brown:

So I am ready to purchase my first investment property. I would preferably like to stay close to my area (Abilene, Texas) so I can manage it myself. I am looking at single family or duplex for long term rental. Ideally would like to get my feet wet for under $150,000. So far I have looked at several properties but can't seem to find the one that seems like it would cash flow and appreciate. Does anyone have any suggestions on buying their first property that can help get me going?

 Are you working with an Investor focused Realtor? It can make all the difference. They can tell you if you are being realistic in your local market. If not, let me know and we can make some recommendations.

 I am actually a newly licensed realtor so I’m basically learning it all at once. That being said I have read and listened too a lot and have come across deals that seem good but I think I’m just hesitant to jump on it.